LaSalle announces global leadership transition

Core Insights - LaSalle Investment Management announces a leadership transition with Brad Gries promoted to Global CEO and Tim Kessler to President, effective January 1, 2026 [1] - Mark Gabbay will transition to Executive Chairman after a successful tenure, strengthening LaSalle's global platform and investment performance [1] Leadership Transition - Brad Gries, the incoming Global CEO, has been part of LaSalle's Global Management Committee since 2021 and will continue as Head of the Americas [1] - Tim Kessler, the incoming President and Global COO, has been a member of LaSalle's Global Management Committee since 2018 and will work closely with Gries on global strategy [1] Performance and Strategy - Under Gabbay's leadership, LaSalle managed to navigate through the global pandemic and the current real estate cycle while expanding capabilities across key markets [1] - LaSalle manages US$88.5 billion in assets across private and public real estate equity and debt investments as of Q2 2025, indicating strong investment performance [1]