Tishman Speyer has acquired the Tour Cristal in central Paris, along with its partner the Public Sector Pension Investment Board (PSP Investments).
The 26,000 sqm office tower is located in the 15th Arrondissement – the heart of the French capital.
Built in 1990, the Tour Cristal was the last tower to be developed in the ”Front de Seine” area and is to date among the last high-rise towers built in central Paris.
Recently, Tishman Speyer acquired the Carré Saint-Germain in central Paris, an iconic 13,800 sqm mixed-used property on the prestigious Boulevard Saint-Germain.
Tishman Speyer has acquired, developed, and operated 424 properties, totaling 184 million square feet, with a combined value of approximately $97 billion (U.S.).
Their portfolio includes iconic assets as Rockefeller Center in New York City, The Springs in Shanghai and TaunusTurm in Frankfurt.