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Ares and NBIM form €1.5bn European logistics partnership

PE Insights •
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Ares Management has secured a €1.5bn equity commitment from Norges Bank Investment Management to build a European logistics portfolio. The firm will focus on modern, well-located facilities serving supply chain, distribution, and e-commerce tenants, a segment it believes continues to benefit from durable structural demand. Ares will draw on Marq Logistics, its integrated logistics operating platform, to source and manage the portfolio.

Marq oversees more than 2,250 properties globally, totalling over 655 million sq ft, and combines Ares’s scale with in-house asset management and development capabilities.

Source: PE Insights · Summarized by HeadlinesBriefing