Monday 26 October 2020

Tishman Speyer eyes $300M raise for blank-check company

New York landlord Tishman Speyer is getting in on the SPAC craze.  Through a newly formed blank-check company, TS Innovation Acquisitions Corp., the developer is looking to raise $300 million to merge with a proptech company, according to a regulatory filing Friday. In the filing, Tishman Speyer said over the last three years it has “selectively invested” in 11 tech startups, including Ritual, a mobile restaurant pickup app. “We believe that the network of contacts



source https://therealdeal.com/2020/10/26/tishman-speyer-jumps-on-blank-check-company-bandwagon/

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