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LaSalle Investment Management Awarded New Mandate to Invest in Global Real Estate Securities

$207 Million Program Developed With BVK

CHICAGO, IL -- (Marketwired) -- 05/02/14 -- LaSalle Investment Management, a leading global real estate investment manager, today announced the firm has extended its investment management relationship with client Bayerische Versorgungskammer (BVK), and has been awarded $207 million to invest in Global Real Estate Securities. The mandate will be managed by the firm's dedicated securities group, LaSalle Investment Management Securities.

BVK has invested with LaSalle since August of 2013, when it awarded the firm $693 million for global core real estate investing in direct real estate investment opportunities across all property types and selected geographies.

Through investments now to be made in global real estate securities, BVK seeks further diversification and an opportunity to participate in the current positive trend in the global real estate securities markets.

"We are extremely pleased to have worked with BVK to develop a program which fits their unique requirements as a German pension plan," says Stan Kraska, Managing Director of LaSalle Investment Management Securities. "This new public securities program provides BVK another attractive method for investing in real estate around the world."

Todd Canter, Managing Director of LaSalle Investment Management Securities, adds, "Much like the underlying real estate owned by these companies, real estate stocks behave differently from traditional stocks and bonds, therefore providing real diversification within a mixed-asset portfolio. Added return without added risk, that's the power of diversification and that's the power of global property securities".

LaSalle Investment Management, Inc., a member of the Jones Lang LaSalle group (NYSE: JLL) and advisor to Jones Lang LaSalle Income Property Trust, was recently ranked among the top 5 mid-sized companies in Pension & Investments magazine's 25 Best Places to Work in the U.S. list for 2013. For more information about LaSalle Investment Management, please visit www.lasalle.com.

About LaSalle Investment Management
LaSalle Investment Management, Inc., a member of the Jones Lang LaSalle group (NYSE: JLL) and advisor to Jones Lang LaSalle Income Property Trust, is a leading global real estate investment manager, with approximately $47.6 billion of assets under management of private and public property equity investments. LaSalle is active across a range of real estate capital and operating markets including private and public, debt and equity and its clients include public and private pension funds, insurance companies, governments, endowments and private individuals from across the globe. For more information, visit www.lasalle.com.

About LaSalle Investment Management Securities
LaSalle Investment Management Securities is a leading real estate securities investment manager for pension funds, institutional and retail investors around the globe. With more than 29 years' investment experience, the firm currently has close to $11 billion of assets under management in listed real estate securities, including US, European and global mandates. LaSalle Investment Management Securities is LaSalle Investment Management's specialist securities division, and as such benefits from the resources of both LaSalle Investment Management and Jones Lang LaSalle.

About Bayerische Versorgungskammer (BVK)
Bayerische Versorgungskammer (BVK) is the competence and service center for occupational and communal pension schemes and Germany´s largest pension scheme group under public law. As a public authority of the Bavarian Ministry of the Interior, it is the joint executive body of twelve liberal professions´ and communal pension schemes. Bayerische Versorgungskammer covers about 1.9 million insured persons in total, with contributions of EUR 4 billion and EUR 2.6 billion pension payments annually. It currently has EUR 59 billion assets under management and 1,200 employees.

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