The French government has unveiled a EUR 600 mln property disposal plan as part of the country's 2008 budget. French budget minister Eric Woerth said on Wednesday that the plan was very ambitious and represented an increase of EUR 100 mln on 2007's target. The minister stressed that several major transactions must be carried out next year to meet next year's target.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
