LaSalle Investment Management has created a new position of European head of strategic partnerships as global investor “demands” change.
Chris Brett has joined the Chicago-headquartered business in its London office having worked for LIM’s parent company, Jones Lang LaSalle, as head of its international desk, also based in London.
LaSalle, which has nearly $48 billion of assets under management, said Brett would work closely with LaSalle’s existing global services team with a focus on major institutional investors. He reports to European chief executive and chief investment officer, Simon Marrison, and has also joined the European management team.
Marrison said: “We are continuing to grow, but in a controlled manner and with total focus on building the appropriate platforms for our clients.” He added the appointment came amid changing demands of global investors and their “desire to determine the profile of their real estate investments”.
“Chris’s role recognises that an increasing number of major institutional investors are keen to explore larger single transactions in joint-venture or club-style structures.“
At Jones Lang LaSalle, Brett was focussed on advising major investors from the Middle East, Asia Pacific and North America on their direct real estate exposure.