Debevoise & Plimpton LLP has advised Tishman Speyer in the successful close of its Tishman Speyer European Real Estate Venture VIII (“TSEV VIII”) fund.

TSEV VIII raised €750m, exceeding its fundraising target by 25% and receiving commitments from 20 investors across Europe, Asia and the Americas.

TSEV VIII will pursue a value-added investment strategy, focusing on repositioning, developing and redeveloping high-quality office and mixed-use properties in Europe. It will also consider ground-up development opportunities and residential investments.

Tishman Speyer is a leading owner, developer, operator and fund manager of first-class real estate around the world. Founded in 1978, Tishman Speyer is active across the United States, Europe, Latin America and Asia, building and managing premier office, residential and retail space in 29 key global markets for industry-leading tenants.

The Debevoise team advising Tishman Speyer on the fund was led by London partner John Rife, and included associates Nicholas Kagan and Rachel Stables. Tax advice was provided by New York partner Michael Bolotin, London partner Richard Ward, and associate Lillian Jo Aston.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. It delivers effective solutions to its clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.