Redevco and Ares Management JV sells nine retail parks for €193m to Vukile Property

Redevco Iberian Ventures, the joint venture between Redevco and Ares Management, has sold a portfolio of nine retail parks located across Spain for €193 million. The parks were acquired by Vukile Property Fund, the Johannesburg, South Africa-listed retail property specialist, through its Spanish real estate investment trust (REIT), Castellana…