Important Notice and Disclaimer
The outbreak of the Novel Coronavirus (COVID-19) was declared by the World Health Organisation as a “global health emergency” on 30 January 2020 and was then characterised as a pandemic in March 2020. COVID-19 has impacted global financial markets, severely restricted international trade and travel, disrupted business operations (in part or in their entirety) and negatively impacted most investment asset classes (including real estate (whether held directly or indirectly, or whether as a result of being a lender to owners of real estate)). As a result of the above factors, conditions exist in the real estate markets that may result in value uncertainty and any valuations are reported on the basis of significant valuation uncertainty or extraordinary assumptions related to the impact of COVID-19. Consequently, less certainty – and a higher degree of caution – should be attached to valuations than would normally be the case. Given the foregoing and the unknown extent of the impact of COVID-19, LaSalle accordingly highlights that the reliability of real estate values in this report may be significantly under or over-stated and subject to material variance on a short term basis.
The information contained on this website and in the presentations provided herein (together, the “Materials”) is meant for use only by institutional or accredited investors (or any equivalent class of investor under applicable law, “Professional Investors”) who have been explicitly invited to access the Materials by LaSalle Investment Management (and any affiliates, together “LaSalle”). Provision of the Materials does not constitute an offer to sell, or the solicitation of an offer to acquire any interests in any collective investment vehicle, arrangement, entity, joint venture, club, separate account mandate or for the advisory services of LaSalle (should an interest in any of the foregoing be offered by LaSalle or the services of LaSalle be made available, then such offer or services will only be made available following any registration, authorization, license or other form of notification pursuant to the rules of the relevant jurisdiction (as may be applicable) being obtained or otherwise satisfied and would be offered solely on the basis of its own terms and offering materials and not on the basis of any information set out in the Materials). By accessing the Materials, the recipient confirms that it is a Professional Investor.
The views expressed in the Materials represent the opinions of the persons responsible for it as at its date and should not be construed as guarantees of performance with respect to any investment. Past performance is not indicative of future performance. The price and/or value of and income derived from any particular investment may fall or rise and investors may not get back the amount originally invested. LaSalle has taken reasonable care to ensure that the information contained in the Materials has been obtained from reliable sources but no representation or warranty, express or implied, is provided in relation to the accuracy, completeness or reliability of such information. All assumptions, figures and calculations contained in the information must be independently verified by the investor. LaSalle does not undertake and is under no obligation to update or keep current the information or content contained in the Materials for future events.
The Materials may contain forward-looking statements with respect to LaSalle. 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.
No legal or tax advice is provided. Investors should independently evaluate specific investments and trading strategies and should have the financial ability and willingness to accept the risks associated with these strategies and property investment in general. LaSalle does not accept any liability in negligence or otherwise for any loss or damage suffered by any party resulting from reliance on the Materials. By accepting receipt of and access to the Materials, the recipient acknowledges that the Materials are confidential and agrees not to distribute, offer or sell any of the Materials or copies of them and agrees not to make use of the Materials other than for its own general information purposes.
Securities offered in the United States through LaSalle Investment Management Distributors, LLC, a member of FINRA/SIPC.
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