We advised the international joint lead managers on the global offering of investment units

Davis Polk advised the international joint lead managers in connection with LaSalle LOGIPORT REIT’s global offering of investment units. The global offering consisted of an offering in Japan and an international offering outside Japan pursuant to Rule 144A and Regulation S. LaSalle LOGIPORT REIT sold 140,000 units in the global offering for aggregate proceeds of approximately ¥22.6 billion (approximately $209 million). LaSalle LOGIPORT REIT’s investment units are listed on the Tokyo Stock Exchange.

LaSalle LOGIPORT REIT is a Japanese real estate investment corporation, or J-REIT, sponsored by LaSalle Investment Management Inc., an affiliate of U.S.-based Jones Lang LaSalle Incorporated, which is one of the world’s largest real estate investment management firms. The REIT’s portfolio comprises of logistics facilities located in the Tokyo and Osaka areas.

The Davis Polk corporate team included partner Jon Gray and associate Chihiro Sasaki. Counsel Alon Gurfinkel and associate Summer Xia provided tax advice. Members of the Davis Polk team are based in the Tokyo and London offices.

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