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Tishman Speyer recruits four executives for European expansion

Morgan Stanley fund managing director, P3 chief investment officer hired by US firm
Patrick Bingham left and Otis Spencer joined Tishman Speyer as managing directors. (Tishman Speyer)
Patrick Bingham left and Otis Spencer joined Tishman Speyer as managing directors. (Tishman Speyer)
CoStar News
October 20, 2025 | 8:20 AM

Tishman Speyer, the global developer, owner, operator and investment manager of real estate, has appointed four managing directors as part of its strategy to drive growth and diversification across its business.

Patrick Bingham joins Tishman Speyer’s London office as a managing director in the firm’s portfolio management group where he will oversee the firm’s European core-plus strategy. He brings 25 years of experience managing pan-European open-ended real estate mandates to the role. Most recently, he was managing director of Morgan Stanley’s Prime Property Fund Europe where he built and managed a €1.3 billion core fund.

Otis Spencer joins as managing director, head of industrial, Europe, and has 35 years of specialist real estate experience. He was previously chief investment officer at P3 Logistic Parks, where he was a member of the senior management team. During his tenure, P3’s assets under management more than doubled to over €10 billion, with acquisitions completed across 12 countries. Tishman Speyer has recently expanded its industrial portfolio with acquisitions in Germany and France. The firm aims to accelerate growth and strengthen its position in this asset class.

Oscar Bernaldo de Quiros joins as managing director, head of Iberia and Italy. A Spanish national based in Madrid, he will focus on growing the firm’s business in these regions, Tishman said. He previously worked for Round Hill Capital where he led Southern European investments and also served as European co-head of portfolio management for the firm's 2025 vintage core and value-add funds. Prior to that he led the firm’s Southern European business overseeing more than €1 billion in investments across residential, logistics, hospitality, and student housing.

Marc Pamin has been appointed managing director, head of residential, Europe.

He brings over two decades of experience in residential real estate and joins from Aberdeen Investments, where he spent 18 years, most recently as CEO of its residential platform, Living.

In that role, he oversaw more than €10 billion in assets under management, served on the firm’s real estate global leadership team and investment committee, and led the growth of living’s business across Europe and APAC. Based in Frankfurt, he will spearhead the expansion of Tishman Speyer’s pan-European residential platform.

Bernard Penaud, senior managing director and head of Europe for Tishman Speyer, said in a statement: “Each brings exceptional leadership, vision, and expertise that will help build on our traditional strengths while deepening capabilities in diversified sectors and regions.”

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News | Tishman Speyer recruits four executives for European expansion