Jones Lang Lasalle Income Property Trust Announces Increase to Quarterly Dividend

Jones Lang Lasalle Income Property Trust Announces Increase to Quarterly 
Dividend 
CHICAGO, IL -- (Marketwired) -- 11/22/13 --  Jones Lang LaSalle
Income Property Trust, Inc. (the "Company"), an
institutionally-managed, non-listed, daily valued perpetual life
REIT, announced that on November 4, 2013 its board of directors
declared a regular quarterly dividend for the fourth quarter 2013 of
$.11 per share, a 10% increase from the prior quarter's $.10 per
share. The increased dividend is payable on February 7, 2014 to
stockholders of record on December 30, 2013. The dividend represents
an annualized rate of $.44 per share and marks the eighth consecutive
quarterly dividend payment. 
"We are very pleased to enhance the current return to our
stockholders through this dividend increase and demonstrate our
ongoing commitment to providing them with attractive, risk-adjusted
returns", said Allan Swaringen, President and Chief Executive Officer
of Jones Lang LaSalle Income Property Trust. "Our operating
performance continues to improve and our outlook for the balance of
the year is quite positive. We are excited to have reached the point
in the life of our Company where we are able to provide a dividend
increase for our stockholders." 
The annualized gross dividend is equivalent to $.44 and represents a
yield of approximately 4.33% on the Class A NAV per share of $10.16
and 4.32% on the Class M NAV per share of $10.18 based on the
Company's daily NAVs on Monday, November 4th. Class A and M
stockholders will receive $.11 per share less applicable
class-specific fees. 
Jones Lang LaSalle Income Property Trust is a non-listed, daily
valued perpetual life real estate investment trust (REIT) that gives
investors access to a growing portfolio of commercial real estate
investments selected by an institutional investment management team
and sponsored by one of the world's leading real estate services
firms.  
For more information on the Company, visit www.jllipt.com. 
About Jones Lang LaSalle Income Property Trust 
Jones Lang LaSalle Income Property Trust is a non-listed, daily
valued perpetual life real estate investment trust (REIT) that owns
and manages a diversified portfolio of high quality, income-producing
office, retail, industrial and apartme
nt properties located primarily
in the United States. Jones Lang LaSalle Income Property Trust
expects to further diversify its real estate portfolio over time,
including on a global basis.  
About LaSalle Investment Management
 LaSalle Investment Management,
Inc., a member of the Jones Lang LaSalle group (NYSE: JLL) and
advisor to Jones Lang LaSalle Income Property Trust, is a leading
global real estate investment manager, with approximately $48 billion
of assets under management of private and public property equity
investments. LaSalle is active across a range of real estate capital
and operating markets including private and public, debt and equity
and its clients include public and private pension funds, insurance
companies, governments, endowments and private individuals from
across the globe. For more information, visit www.lasalle.com.  
Forward Looking Statements 
 This press release may contain
forward-looking statements with respect to Jones Lang LaSalle Income
Property Trust. Forward-looking statements are statements that are
not descriptions of historical facts and include statements regarding
management's intentions, beliefs, expectations, 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. 
Contact 
Stefanie Murphy
Telephone +1 312 228 2121
Email stefanie.murphy@lasalle.com  
200 E Randolph St
Chicago IL 60601
Tel: +1 312 782 5800