The company's Asia Pacific saw a 60% jump in revenue. In addition to setting records by raising $3 billion in 2005 and investing $6 billion, LaSalle Investment Management increased its revenues 35% to $203 million for the year, including $72 million in the fourth quarter. LaSalle Investment Management now oversees assets worth $30 billion. That number is guaranteed to grow, as California Public Employees' Retirement System and LaSalle Investment Management have agreed to buy Oak Brook-based REIT CenterPoint Properties Trust, the largest industrial property owner in the Chicago market, in a $3.4-billion deal. CenterPoint Properties Trust immediately adds a 33-million-sf industrial portfolio, 5.5 million sf under development as well as the potential to build another 44 million sf on its land bank.

The firm's laggard was its tenant representation business, which saw a revenue decline, despite having an advantage in mergers and acquisitions. "In most cases we've been the beneficiary, in most cases being the service provider to the acquiring firm," said chief operating officer and chief financial officer Lauralee Martin during the company's earnings conference call Wednesday morning. However, she added companies are looking to consolidate space or move operations to foreign countries.

Chief executive officer Colin Dyer said the firm will invest $20 million to beef up its business segments, the bulk of it focused on Eastern Europe and Asia.