The Investment Management Corporation of Ontario (IMCO) and Tishman Speyer have created a joint venture established to build a valuable portfolio of new developments and repositioned office and multi-residential properties in major U.S. gateway cities.
The planned investment program bolsters IMCO’s commitment to generating strong results for its clients through high-quality assets and developing long-term and mutually beneficial strategic partnerships. For Tishman Speyer, the venture will facilitate the expansion of its presence in major U.S. markets specifically by taking advantage of value-add opportunities.
With IMCO’s initial commitment of $500 million, and additional co-investment opportunities of $250 million, IMCO and Tishman Speyer will jointly acquire and develop property in major supply-constrained U.S. markets. This includes New York, Boston, Los Angeles, San Francisco, Chicago, Seattle, and Washington, D.C. Investments will target new development opport
