LONDON-Tishman Speyer has purchased the 253,000-square-foot Eland House SW1 here from Land Securities for about $263 million. The property on the corner of Stag Place is fully leased by the national Department for Communities and Local Government.

New York City-based Tishman is expanding its global reach, having just two weeks ago purchased two other office buildings in Europe. The company bought the 280,000-square-foot Pont Cardinet office development project in Paris and the 175,000-square-foot Weserstrabe 54 office in Frankfurt. The price of these buildings was not announced.

Land Securities redeveloped Eland House in the 1990s for the British government, which has a lease expiring in 2021 and a tenant break clause in 2016. Robert Noel with Land securities said in a statement that the site is not part of the company’s Victoria Circle project, which will redevelop Kingsgate House into three buildings, two office and one apartment complex. “The proceeds from the sale will be recycled into other opportunities within the portfolio,” Noel said.

Six months ago, Tishman also purchased another government-leased property here. The company’s Core European Fund is reported to have paid about $271 million for the Sanctuary Buildings in Westminster, with a $169 million loan from Barclays Real Estate, in August 2011.