UK house builder Barratt Development is to realise net proceeds of £109 mln (EUR 127.4 mln) on the sales of a shopping centre and commercial land in the UK. The assets are part of the portfolio of developer Wilson Bowden which Barratt acquired in April 2007. Barratt has indicated it intends to dispose of assets from the portfolio with a cash value of around £200 mln.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
