trending Market Intelligence /marketintelligence/en/news-insights/trending/rBxGi8fuU4tkFSTlcFIkFg2 content esgSubNav
In This List

LaSalle fund buys Munich office portfolio for €169M

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


LaSalle fund buys Munich office portfolio for €169M

LaSalle Investment Management Inc. bought the ElseBella office portfolio in Munich for €169 million from Axa Investment Managers - Real Assets.

LaSalle bought the properties on behalf of its Encore+ Pan European Fund.

The portfolio comprises the two-building Else property on Elsenheimerstrasse in the city's Westend district and the seven-story Bella building in Arabellapark.

Else has a total combined rental area of more than 25,000 square meters, with potential for redevelopment. The Bella building comprises more than 15,000 square meters of lettable area.