JLL Income Property Trust Continues Significant Leasing Momentum Across Industrial Portfolio
Dec 15, 2020, 13:59 ET
"This robust leasing activity demonstrates the exceptional momentum we continue to see within our geographically diverse, core industrial portfolio, even during this COVID-19 recessionary economic environment," said Allan Swaringen, President & CEO of JLL Income Property Trust. "Our strategy of owning core industrial properties in major distribution hubs allows us to attract and retain tenants, and drive cash flow and values over time. Even during times of economic uncertainty, we believe the performance of our industrial allocation, now over 25 percent of our fund, will create long-term value for our stockholders."
JLL Income Property Trust industrial portfolio leasing highlights include:
JLL Income Property Trust is an institutionally managed, daily NAV REIT that gives investors access to a growing portfolio of commercial real estate investments selected by an institutional investment management team and sponsored by one of the world's leading real estate services firms.
For more information on JLL Income Property Trust, please visit our website at www.jllipt.com.
About LaSalle Investment Management
LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, LaSalle manages approximately $65 billion of assets in private and public real estate property and debt investments as of Q3 2020. LaSalle's diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information please visit www.lasalle.com.
Valuations, Forward Looking Statements and Future Results
This press release may contain forward-looking statements with respect to JLL Income Property Trust. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management's intentions, beliefs, expectations, research, market analysis, plans or predictions of the future. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. Past performance is not indicative of future results and there can be no assurance that future dividends will be paid.
Scott Sutton
LaSalle Investment Management
Telephone: +1 224 343 5538
Email: [email protected]
Doug Allen
Dukas Linden Public Relations
Telephone: +1 646 722 6530
Email: [email protected]
SOURCE JLL Income Property Trust
