Ares Management (ARES) Enters €1.5 Billion European Logistics Partnership First

Ares Management (NYSE:ARES) entered a new European logistics real estate partnership with Norges Bank Investment Management backed by €1.5b of equity. The tie up represents the first collaboration between Ares Management and the asset manager for Norway’s sovereign wealth fund in this sector. The agreement focuses on European logistics properties, pairing Ares Management’s real estate platform with a major global institutional capital partner. The Ares Management and Norges Bank Investment...