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Rockspring completes circa €400m of disposals for maturing TransEuropean V fund

Rockspring Property Investment Managers, a PATRIZIA company, has sold eight properties for €400m from its maturing fund, TransEuropean Property Limited Partnership V.
By James Wallace
April 13, 2018 | 12:55 P.M.

The fund is now 85% liquidated with gross headline performance trending at just under 23.5% pa (1.8x equity multiple), against 12% pa (1.5x equity multiple) initial target. Leverage in the fund has averaged 47% since operations commenced in 2012.

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News | Rockspring completes circa €400m of disposals for maturing TransEuropean V fund