Tishman Speyer Office Fund was launched to provide Australian investors with an opportunity to gain exposure to high class office assets initially in the United States through a property trust listed on the ASX. An investment in TSO has a number of key benefits to Unitholders, including:

Exposure to US office property markets
TSO offers access to the only Australian listed property trust focused primarily on investing in the US office market. Additionally, TSO offers Unitholders the opportunity to invest in the only publicly traded vehicle managed by Tishman Speyer, one of the world's leading acquirers, owners and operators of high class commercial real estate.

Portfolio of high quality office properties
TSO has acquired an interest in high quality US office assets located predominantly in top tier US office markets. These markets are the business, employment and population hubs of the nation and possess superior attributes such as significant barriers to entry, resiliency to extreme market down turns, ability to command premium rents, depth of product and liquid capital markets.

Tishman Speyer management expertise
Asset and property management is provided by the integrated global management platform of Tishman Speyer, one of the world's pre-eminent owners and managers of high quality office properties in major metropolitan markets. Since its inception in 1978, Tishman Speyer has developed or acquired a portfolio of over 83 million square feet of office property valued at approximately US$18 billion, including well known properties such as New York's Chrysler Center and Rockefeller Center, Berlin's Sony Center and Sao Paolo's Torre Norte. With over 800 real estate professionals and 22 offices on five continents, Tishman Speyer is one of the largest privately owned real estate companies in the United States.

Access to Tishman Speyer's future acquisition pipeline
Tishman Speyer's extensive network of global relationships and regional teams located throughout the United States creates significant access to deal flow. Tishman Speyer has reviewed over 150 acquisition opportunities since the beginning of 2004, in the six major US markets, valued at over US$18 billion and has completed over US$1.2 billion of transactions. Because many of these acquisition opportunities are not available to other investors who lack Tishman Speyer's global relationships and ability to quickly close large and complex transactions, Tishman Speyer is often able to acquire new properties at favourable pricing. For example, the original TSO IPO portfolio was sourced without a competitive bidding process and was acquired at an aggregate 2% discount to the appraised value.

Portfolio diversity
The Properties are located in 9 geographically diverse office markets. The Properties are located in or near the CBDs of major US markets that are among the business, employment and population hubs of the nation which TSAL believes exhibit the characteristics associated with enduring demand for office space, including resiliency from extreme market downturns, ability to command premium rents and faster recovery in improving market conditions.

Quality tenants and long term leases
Most Properties in the portfolio are leased on a long term basis to major corporations and professional service firms in a variety of industries.  This is expected to provide a secure rental income stream.

Investment alongside leading global office investors
TSO offers the opportunity to invest in partnership with leading global office investors including;

  Private equity investment funds sponsored by Tishman Speyer.
 An affiliate of GIC, one of the world's largest institutional investors with over US$100 billion of assets and
    investments in over 30 countries.

Potential for income and capital growth
Tishman Speyer Australia Limited believes the markets in which the properties are located, which are among the employment and population hubs of the US, display characteristics that make them desirable for real estate investment. This, combined with the characteristics of the Properties, position the portfolio well for future income and capital growth. Achieving attractive total returns through both current income and capital growth are key goals of TSO.