Cross-Border Valuation for Global Portfolio
LaSalle Investment Management is the investment manager for Plaza Global Real Estate Partners (Plaza). Formed in 2012, Plaza invests in large real estate assets around the globe.
Managed centrally through Valuation & Advisory in London and utilizing our global platform, our team provides Plaza with quarterly, external valuations for regulatory purposes.
With leverage, Plaza has US$1 billion gross of initial buying power and targets quality long-term investments in excess of $100 million located in the world’s premier real estate markets. Their maiden purchase was the 103,000-square-foot mixed-used trophy building at 23 Savile Row, London UK, which was followed by the acquisition of a 49.5 percent interest in 521 Fifth Avenue from SL Green Realty Corp.