NBIM and Ares ink first partnership with €1.5bn logistics JV
Wednesday, October 21, 2026 · first reported by PERE and 4 others
Ares Real Estate, a subsidiary of Ares Management Corp., has set up a European logistics investment partnership with Norges Bank Investment Management (NBIM). NBIM has committed €1.5 billion of equity, which IREI puts at $1.68 billion. The deal is the first time the two have worked together.
Ares will look for logistics assets across Europe, concentrating on modern, high-quality properties serving supply-chain, distribution and ecommerce demand. It will draw on its logistics operating platform, Marq Logistics, which manages more than 2,250 properties worldwide.
- Firm
- Ares Management
- Also named
- Norges Bank Investment Management
- Deal value
- $1.7B
- Asset class
- Infrastructure, Real estate
- Geography
- Europe
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
5 sources- PERENBIM and Ares ink first partnership with €1.5bn logistics JV
- IREIAres, Norges Bank Investment Management establish up to €1.5b European logistics investment partnership
- Yahoo FinanceAres and Norges Bank Investment Management Establish up to €1.5 Billion European Logistics Investment Partnership
- IPE Real AssetsNBIM commits €1.5bn to European logistics venture with Ares
- PereNewsNBIM and Ares ink first partnership with €1.5bn logistics JV
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