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Breakthrough Properties announces $430 million first close for latest life sciences fund

Tishman Speyer and Bellco tie up continues to target UK, Europe and US
The Torrey Heights project in San Diego. (Jason O'Rear)
The Torrey Heights project in San Diego. (Jason O'Rear)
CoStar News
November 17, 2025 | 12:58 P.M.

Breakthrough Properties, the life sciences real estate-focused joint venture between Tishman Speyer and Bellco Capital, has announced the $430 million first closing for its Breakthrough Properties Growth Portfolio II fund.

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News | Breakthrough Properties announces $430 million first close for latest life sciences fund