A 500 million euro pan-European development strategy. This is the heart of the strategic partnership signed between LaSalle Investment Management and the Numa group. Numa is known as an operator specializing in non-traditional accommodations with a particular focus on technology. The collaboration is part of LaSalle’s growing business value-add investments and involves the acquisition, refurbishment and asset management of hotels, hostels, apartments with extended stay services, boutique hotels, as well as conversion projects of non-branded properties in the major cities of Western Europe. As part of the same partnership, these structures will therefore be designed, managed and organized by the Numa group. The development will focus in particular on properties located in prime locations in the city center. 15 locations have already been identified in cities in the United Kingdom, Spain, Italy and the Netherlands, for a total value of over 450 million euros. The renovations should take 6 to 18 months.