Dubai-based Rasmala has completed the acquisition of a biomedical laboratory and prime office real estate asset in the Netherlands for USD 39.537 mn,  Zawya reports.

The 72,000-square-foot property is located in Leiden BioSciences Park, the largest life sciences cluster in the Netherlands and one of the top five science park hubs in Europe.

It was acquired through the Rasmala European Real Estate Income Fund, an open-ended long-income direct property fund that targets investments in the United Kingdom and Continental Europe.