LaSalle Investment Management, the Chicago-based real estate investment management firm owned by property agent Jones Lang LaSalle (JLL), has appointed Gary Moore to the role of European head of strategic partnerships. Moore joins from the real estate investment management business of JLL’s closest rival, CBRE Global Investors.
In an announcement, LaSalle said Moore would work closely with the firm’s client capital group and acquisitions teams. The firm said he would focus on “the specific investment needs of LaSalle’s major institutional investor clients as they relate to individual assets and portfolios in Europe.”
Moore will report to Jon Zehner, global head of LaSalle’s client capital group, and Simon Marrison, head of Europe. Marrison previously managed Chris Brett, who previously held the title of European head of strategic partnerships at LaSalle but left the firm in February, coincidently, to join CBRE as its head of investment for the UK.
LaSalle has used the hire of Moore to reiterate the firm’s intent on providing institutional investors with bespoke services. Marrison said: “We remain steadfastly committed to building the most appropriate platforms for our clients. I am excited that Gary is joining our European team at a time when global investors wish to more closely manage the profile of their real estate investments, as we believe that Gary has the experience to help them.”
Zehner said the hire would “play a key role” in helping the firm provide to large institutional investors a conduit to “explore larger, single transactions, sometimes in joint venture or club-style structures. As a firm we are well positioned to proactively serve the needs of global investors in the major real estate markets, and Gary joins an established team of client executives and local market experts across the globe who provide LaSalle’s clients with the highest levels of service and deep local market insights and information.”
At CBRE Global Investors, Moore was a senior fund manager. He was inherited by the firm via its takeover of ING Real Estate Investment Management, the one-time real estate investment management business of Dutch bank ING, in 2012.