Tishman Speyer, with its partner Public Sector Pension Investment Board (PSP Investments), has made two acquisitions in Paris.
The joint venture acquired the Carré Saint-Germain in central Paris. The Carré Saint-Germain was acquired from AXA IM – Real Assets acting on behalf of clients.
The iconic 13,800-square-meter (148,500-square-foot) mixed-use property is located in the heart of Paris, on the prestigious Boulevard Saint-Germain. It is part of the historical Saint-Germain des Prés district and surrounded by the Seine river banks to the north and the Jardin du Luxembourg to the south.
The area is one of the most sought-after neighborhoods in the French capital, renowned for being the center of the artistic and intellectual life of Paris throughout the 19th and first half of the 20th century. Today, Saint-Germain des Prés continues to offer a lively Parisian environment, with numerous restaurants, cafes, shops, hotels and prestigious public institution
