LaSalle Investment Management and Vailog establish joint venture focused on logistics (CN)

LaSalle Investment Management ("LaSalle") announced a joint venture agreement with Realty Vailog S.p.A. ("Vailog") to acquire and develop logistics facilities in the Greater Shanghai Region on behalf of its LaSalle Asia Opportunity Fund III.

The agreement is seeded with a portfolio of four properties, purchased from various sellers for approximately RMB 792 million (approx.

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