EUROPE - LaSalle Investment Management has appointed Insa von Jürgensonn as regional director and head of portfolio management for Northern Europe.

Von Jürgensonn, who took up the newly-created position on 1 March in the firm's Munich office, will be responsible for managing all Northern European assets and will act as fund manager for two of LaSalle's German investment vehicles: LaSalle German Retail Venture and LaSalle German Income and Growth.

She joined LaSalle from Morgan Stanley Bank AG, where she was vice-president for the real estate asset management division. Prior to this, she was head of corporate development at German property firm Viterra AG.

In her new position, von Jürgensonn will report to Simon Marrison, co-head of Europe for LaSalle Investment Management.

The LaSalle German Retail Venture was launched in 2005 to take advantage of income yields, while the LaSalle German Income and Growth fund was launched in 2006 to take advantage of Germany's economic recovery.

The Canada Pension Plan Investment Board is an investor in the LaSalle German Income and Growth fund.

At the end of the fourth quarter of 2008, LaSalle Investment Management had approximately $41bn (€30bn) in assets under management.

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