Rockspring clinches first buy for NPS in City of London

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.

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