Jones Day advised Jones Lang Lasalle Incorporated’s subsidiary LaSalle Investment Management on its agreement to acquire the entire Real Estate Multi-Manager (“REMM”) business of Aviva Investors and full ownership of the management of the Encore+ fund (“Encore+”). Aviva's REMM business has $7 billion (€6.05 billion) of assets under management. Encore+, an open-ended Continental European real estate fund, currently has a gross asset value of $ 1.967 billion (€1.7 billion). LaSalle will now be one of the top five largest global non-listed indirect real estate investment managers with combined assets under management of $10 billion (€8.64 billion) across all geographies and risk profiles.

Contact: Robert C. Lee, Giles P. Elliott, Alistair G. Grant