Rockspring's new TransEuropean fund spends EUR 150m

TransEuropean IV, a new closed-end, valued-added cross-border property fund established by Rockspring Property Investment Managers, has acquired eight assets in the Benelux, France and Spain for EUR 152 mln. London-based Rockspring said the fund purchased retail warehouses in the Dutch city of Hoorn and in Sandweiler in Luxembourg. The fund acquired high-street retail units in Puerto Banus in Spain; offices near Paris; light industrial properties near Paris and car showrooms in the Netherlands.

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