In a deal worth €95m, Redevco Iberian Ventures, a joint venture between Redevco and Ares Management, has acquired a portfolio of six retail parks in southern and western Spain from the developer Bogaris. The parks comprise a total of 84,240 sqm and are fully leased to tenants like Mercadona, Aldi, Dia, C&A, Kiabi and Merkal Calzados. JLL and Deloitte advised the buyer during the transaction process.
