UK-based investment manager Rockspring has acquired a logistics property in Greater Stockholm for EUR 35 mln. The vendor of the Myren 6 & 8 asset was German fund manager Deka Immobilien.
UK-based investment manager Rockspring has acquired a logistics property in Greater Stockholm for EUR 35 mln. The vendor of the Myren 6 & 8 asset was German fund manager Deka Immobilien.
The 15,000 m2 property is fully let to postal services provider Posten Sverige.
Deka Immobilien acquired Myren 6 & 8 in 2004 for one of its special property fund, and it said the sale to Rockspring was completed at a profit.
Deka Group is the largest provider of open-ended property funds in Germany. The two capital investment companies, Deka Immobilien Investment and WestInvest, together managed fund assets of over EUR 22 bn at end-September 2011.
