Rockspring Property Investment Managers has sealed the first acquisition on behalf of an investment fund of South Korea's National Pension Service. The UK investment manager, which last year received a pan-European core-plus mandate from NPS to invest EUR 900 mln across Europe, has bought 63 St Mary's Axe in east London for £24 mln (EUR 28 mln) from Threadneedle.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
