LONDON--(BUSINESS WIRE)--Redevco, the pan-European retail real estate specialist, and funds managed by Ares Management (NYSE:ARES), the global alternative asset manager, announced today a €500 million commercial real estate joint venture, Redevco Iberian Ventures. The joint venture will invest in shopping centres, retail parks and high street properties in Spain and Portugal. Redevco Iberian Ventures will be seeded with a combination of assets in the Iberian peninsula from funds managed by Rede
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