LaSalle raises €435m

The firm has held a first close on its real estate debt fund.

Fund name: LaSalle Real Estate Debt Strategies IV (LREDS IV)
Amount raised: €435 million
Stage of fundraising: First close
Interim close date: September 5, 2020
Target size: €1 billion

LaSalle Real Estate Debt Strategies IV will focus on real estate mezzanine debt investments in Western Europe.