LaSalle IM gets approval for German KAG vehicle

By A staff reporter 2011-01-14T00:00:00

LaSalle Investment Management has received approval from the German Federal Financial Supervisory Authority (BaFin) for the formation of a capital investment company for specialist investment funds in Germany. Following the granting of the licence, the already existing LaSalle Vermögensverwaltungs will henceforth operate as LaSalle Investment Management Kapitalanlagegesellschaft (LaSalle KAG).

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