VALUE-ADDED FUNDS

Our value-added strategy primarily seeks to acquire existing properties that demonstrate attractive value-creation potential. Capitalizing on our vertically integrated platform, this strategy typically involves investing in capital improvements, leasing and other revenue enhancements, as well as improving operating efficiencies. The goal is to reposition, redevelop or develop properties to maximize operating income and generate attractive total returns.

  • Tishman Speyer/Citigroup Alternative Investments Real Estate Venture

    Tishman Speyer/Citigroup Alternative Investments Real Estate Venture (Fund I) closed in 1997 with $850 million in capital commitments. Fund I executed a value-added strategy, acquiring 50 office buildings located in select, first-tier urban central business districts, including London, Paris, New York, Chicago, Los Angeles, Silicon Valley and Boston.

  • Tishman Speyer/Citigroup Alternative Investments Real Estate Venture III*

    Tishman Speyer/Citigroup Alternative Investments Real Estate Venture III (Fund III) closed in 1999 with $215 million in capital commitments. Fund III executed a value-added strategy, acquiring 10 office buildings located in select, first-tier urban central business districts, including London, Paris, Madrid, New York and San Francisco.
    *Fund II was planned, but never offered to investors. After Fund I’s investment period ended, Fund III became Tishman Speyer’s value-added fund offering.

  • Tishman Speyer/Citigroup Alternative Investments Real Estate Venture IV

    Tishman Speyer/Citigroup Alternative Investments Real Estate Venture IV (Fund IV) closed in 2000 with $359 million in capital commitments. Fund IV executed a value-added strategy, acquiring 12 office buildings located in select, first-tier urban central business districts, including London, Frankfurt, Rio de Janeiro, São Paolo, New York, Chicago, San Francisco, Los Angeles and Washington, DC.

  • Tishman Speyer/Citigroup Alternative Investments U.S. Real Estate Venture V

    Tishman Speyer/Citigroup Alternative Investments U.S. Real Estate Venture V closed in 2001 with $266 million in capital commitments. It pursued a value-added strategy, acquiring 11 office buildings located in select, first-tier US metropolitan markets, including New York, San Francisco, Los Angeles, Chicago and Washington, DC.

  • Tishman Speyer/Citigroup Alternative Investments International Real Estate Venture V

    Tishman Speyer/Citigroup Alternative Investments International Real Estate Venture V closed in 2001 with $287 million in capital commitments. It executed a value-added strategy, acquiring 11 office buildings located in select, first-tier metropolitan markets, including London, Paris, Amsterdam, Frankfurt, Düsseldorf, Hamburg, Rio de Janeiro and São Paulo.

  • Tishman Speyer Real Estate Venture VI

    Tishman Speyer Real Estate Venture VI (Fund VI) closed in 2004 with $1.2 billion in capital commitments. Fund VI pursued a value-added strategy, focusing primarily on repositioning/re-leasing, redevelopment and ground-up development. The fund acquired 27 Class A commercial office properties in target markets including New York, Washington, DC, Los Angeles, Chicago, Seattle and San Francisco.

  • Tishman Speyer Real Estate Venture VII

    Tishman Speyer Real Estate Venture VII (Fund VII) closed in 2007 with $1.5 billion in capital commitments. Fund VII pursued a value-added strategy, focusing on repositioning, developing and redeveloping high-quality office and multifamily properties. The fund acquired 17 properties in target markets including New York, Washington, DC, Los Angeles, Chicago, Seattle and San Francisco.

  • Tishman Speyer Real Estate Venture VIII

    Tishman Speyer Real Estate Venture VIII (Fund VIII) closed in 2012 with $692 million in capital commitments. Fund VIII pursued a value-added strategy, focused on repositioning/re-leasing, redevelopment and ground-up development. The fund acquired 10 Class A commercial office projects in target markets including New York, Washington, DC, Los Angeles, Chicago, Boston and San Francisco.

  • Tishman Speyer European Real Estate Venture VI

    Tishman Speyer European Real Estate Venture VI (TSEV) closed in 2007 with €1.0 billion in capital commitments. TSEV pursued a value-added strategy, focusing on repositioning, developing and redeveloping high-quality office and mixed-use properties in Europe. The fund acquired 16 properties in target markets including Paris, Berlin, Munich, Frankfurt, Milan and London.