UK house builder Barratt Development has sold industrial land and buildings held by Wilson Bowden Developments (WBD) for £46 mln (EUR 48.8 mln) to an unnamed buyer. Barratt acquired WBD in April 2007 and embarked on a programme to dispose of £200 mln of property assets owned by WBD.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
