Rockspring Property Investment Managers has been having a busy year. The most recent announcement came in November when it said it had held first close of £152 million (€167.5 million; $253.1 million) for its UK Value Fund.
The firm said in a statement that is was currently seeking a total of £400 million for the vehicle, but that holding a first close would allow the fund to invest “immediately”.
EUROPE NEWS:‘Increasingly attractive’ UK
Aside from deals with the Royal Bank of Scotland and the National Pension Service of Korea, Rockspring has been busy raising its UK Value Fund. PERE Magazine December 2009- January 2010 issue