Ares Management forms €1.5 billion European warehouse venture with Norway's NBIM

what happened

Ares Management and Norges Bank Investment Management, known as NBIM, have set up an investment partnership. NBIM has committed €1.5 billion ($1.7 billion) to the venture, while Ares will take part through its Ares Real Estate unit. According to Seeking Alpha, the companies announced the deal on Wednesday.

This is Ares' first collaboration with NBIM. Ares will bring logistics expertise and NBIM will supply the capital. The partnership will look for European logistics assets, focusing on modern, high-quality warehouses that serve supply chains, distribution and e-commerce. The strategy will draw on Marq Logistics, Ares' logistics platform, which manages more than 2,250 properties totalling over 655 million square feet.

Daan van den Hoven, partner and head of European Logistics at Ares, said: "Demand for modern, well-located logistics facilities continues to be supported by powerful structural trends, and we believe we can capitalize on compelling opportunities through thoughtful asset selection and management." Ares stock rose 1.2% in premarket trading.

why it matters

The deal shows large institutional investors still putting money into European logistics, where e-commerce growth and supply chain restructuring support demand. For markets it signals continued capital flows into warehouse real estate, and for Ares it adds a major sovereign-linked partner to its European footprint.

market impact

Ares Management: a large fund partnership supports investor interest in the company and its shares

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