Tishman Speyer has raised EUR 1 bn for its new, value-added European Real Estate Venture VI (TSEV) during the final close of the fund. The capital will bring the fund's total buying capacity to EUR 4 bn, the company said in a press release. Over 40% of the capital raised so far has been committed to 10 investments, including listed German property company AAA and 15 properties in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Paris and Stuttgart totalling nearly 500,000 m[sup]2[/sup].
Tishman Speyer has raised EUR 1 bn for its new, value-added European Real Estate Venture VI (TSEV) during the final close of the fund. The capital will bring the fund's total buying capacity to EUR 4 bn, the company said in a press release. Over 40% of the capital raised so far has been committed to 10 investments, including listed German property company AAA and 15 properties in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, Paris and Stuttgart totalling nearly 500,000 m2.
