28.08.2009 - Rockspring seeks to raise $800 mln U.K. real estate fund
From Bloomberg: Rockspring Property Investment Managers Ltd. plans to raise 500 million pounds ($809 Million) to buy U.K. assets after values fell 44 percent. London-based Rockspring is seeking 350 million pounds of equity from institutional investors, and will borrow about 150 million pounds, Richard Baines, manager of its U.K. Value Fund, said in an interview..............Full Article: Source
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