Laser tracker for industrial coordinative position determination of a target (61, 64), wherein the laser tracker at least comprises • a base, • a control and evaluation unit for dataprocessing and for control of the laser tracker, • an optical distance measuring unit, by means of which an absolute distance to the target (61, 64) is determinable for coordinative position determination, wherein the optical distance measuring unit comprises at least the following elements ∘ a first beam source, in particular a superluminescence LED (SLED) or laser source, for generating a first measurement radiation, and ∘ a first detection unit for detecting received measurement radiation reflection, • a beam directing unit, which is rotatable about two axes relative to the base and comprises an emission and reception optical unit for emitting light as measurement radiation (36, 37) onto the target (61, 64) and for receiving reflected first measurement radiation, • means for detecting rotation angles of the beam directing unit relative to the base, characterized in that the control and evaluation unit and the optical distance measuring unit are designed for implementing a first and a second measurement functionality, for which purpose at least one element of the distance measuring unit is designed for dual use both in the first and in the second measurement functionality, wherein • the distance measuring unit is embodied in an integrated design, • the first measurement functionality is designed for coordinative position determination of a retroreflective target, and • the second measurement functionality is designed for coordinative position determination of a diffusely scattering target, such that a coordinative position determination adapted to the respective specific type of target (61, 64) is implementable. • a base, • a control and evaluation unit for dataprocessing and for control of the laser tracker, • an optical distance measuring unit, by means of which an absolute distance to the target (61, 64) is determinable for coordinative position determination, wherein the optical distance measuring unit comprises at least the following elements ∘ a first beam source, in particular a superluminescence LED (SLED) or laser source, for generating a first measurement radiation, and ∘ a first detection unit for detecting received measurement radiation reflection, ∘ a first beam source, in particular a superluminescence LED (SLED) or laser source, for generating a first measurement radiation, and ∘ a first detection unit for detecting received measurement radiation reflection, • a beam directing unit, which is rotatable about two axes relative to the base and comprises an emission and reception optical unit for emitting light as measurement radiation (36, 37) onto the target (61, 64) and for receiving reflected first measurement radiation, • means for detecting rotation angles of the beam directing unit relative to the base, • the distance measuring unit is embodied in an integrated design, • the first measurement functionality is designed for coordinative position determination of a retroreflective target, and • the second measurement functionality is designed for coordinative position determination of a diffusely scattering target,