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Midas boosts Rockspring logistics portfolio

Turnbull Associes acted for Rockspring in the technical due diligence of the MIDAS portfolio comprising 97,000sqm of logistics property in four assets put on the market by CBRE Global Investors.

The pre-acquisition survey ran through the first weeks of 2015, with reporting following the now established pattern of Red flag summary, draft report and final version once the deal is firm.

MIDAs has also boosted sister company Workman Turnbull as the firm received the property management instruction upon acquisition by the Rockspring managed funds.