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Ares secures €1.5 billion commitment for European logistics partnership

Ares Management ($ARES) established a European logistics investment partnership with Norges Bank Investment Management, which made an equity commitment of €1.5 billion. The arrangement is the first collaboration between the two organizations. Ares intends to target modern logistics properties across Europe serving supply chains, distribution and e-commerce, using its Marq Logistics operating platform to support investment selection and property management. The partnership creates a sizeable pool

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ARES@tickerstatVerified official TickerStat account

Ares and PSP create a US logistics-property venture with $2.4 billion capacity

Ares ($ARES) and PSP Investments established a joint venture that can invest up to $2.4 billion in US logistics real estate. The partnership is seeded with 14 properties totaling approximately 5.2 million square feet across California, Texas and New Jersey. The initial portfolio gives the venture an operating base while leaving room for additional acquisitions. Ares’ Marq Logistics platform will source and manage investments, combining the asset manager’s real-estate capabilities with PSP’s inst

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