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Tishman Continues Europe Push with $263M Office Buy

LONDON-Two weeks ago the firm bought office properties in Paris and Frankfurt, and has followed it up with the buy of the 253,000-square-foot Eland House.

By Robert Carr | Updated on January 19, 2012

LONDON-Tishman Speyer has purchased the 253,000-square-foot Eland House SW1 here from Land Securities for about $263 million. The property on the corner of Stag Place is fully leased by the national Department for Communities and Local Government.

New York City-based Tishman is expanding its global reach, having just two weeks ago purchased two other office buildings in Europe. The company bought the 280,000-square-foot Pont Cardinet office development project in Paris and the 175,000-square-foot Weserstrabe 54 office in Frankfurt. The price of these buildings was not announced.

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