Tishman Speyer veteran Michael Spies has joined Navitas Capital as a partner.

Michael Spies

Michael Spies

The California-based company was founded in 2009 and makes investments in ‘transformative real estate technology and innovation’.

Prior to joining Navitas, Spies and Navitas had co-invested in Honest Buildings, acquired by Procore, and OpenSpace, the company said.

Spies left Tishman Speyer at the end of 2019 following 30 years with the investment and development firm.

One of the best-known senior property professionals in the US and Europe, the senior managing director had served Tishman Speyer in various roles including head of Europe, new markets, India, head of innovation, and chair of the investment committee.

He lived in both Berlin and London as he established and then grew the European platform for the company before returning to New York where he established Tishman’s innovation effort including the creation of Zo and Studio.

Spies will help Navitas invest its third fund, according to the company.