Rockspring makes EUR 296m acquisitions for Korean pension fund

Rockspring Property Investment Managers announced on Monday that it has completed its first acquisitions in London on behalf of the South Korean National Pension Service's London Property Limited Partnership for a total of EUR 296 mln. The acquisitions comprise 88 Wood Street, which it bought for £183 mln (EUR 202 mln) from ING Real Estate Investment Management. In a separate transaction Rockspring acquired a 50% interest in 40 Grosvenor Place for approximately £85 mln (EUR 94 mln) from clients of Invista Real Estate Investment Management.

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