LaSalle pooled property play targets Asian retail investors

Australia-based ipac Investment Services Asia is adding property securities investment to its multi-manager offering for clients in Hong Kong and Singapore. This will provide the first international property exposure in a manager-of-manager package for retail markets.The firm is adding a portfolio of pooled property investments, similar to real-estate investment trusts - these will be managed by LaSalle Investment Management, the investment arm of Jones Lang LaSalle, the property deve…