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Ares Cuts Asking Price for Spanish Logistics Portfolio by 17% As Bids Dry Up

US Firm Was Seeking €120 Million for Its Logistics Assets in the Country

CBRE is leading the sales process. (Getty Images)
CBRE is leading the sales process. (Getty Images)

Ares has reduced the asking price for its Spanish logistics portfolio to around €100 million after receiving no bids for the assets, CoStar News understands.

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