Tishman Speyer and Bouwinvest Real Estate Investors have announced the formation of a separately managed account (SMA) devoted to sourcing and acquiring top-tier office assets in the United States. The vehicle’s first investment is in the 150-year ground lease for New York City’s iconic Chrysler Building, which Tishman Speyer and its institutional partners finalized earlier in October 2026.
The Bouwinvest–Tishman Speyer SMA will target institutional-quality office buildings in U.S. markets with strong fundamentals, resilient demand and limited new supply. Its strategy will focus on core-plus and value-add opportunities and may invest alongside other Tishman Speyer–managed office-focused vehicles and mandates, as well as like-minded institutional investors.
The SMA joins a Tishman Speyer club focused on U.S. office investment strategies. The club currently has approximately $700 million of equity capital available, representing approximately $1.5 billion of purc
