Hannah Zhang

The billionaire mogul also took aim at proposals to curb business tax deductions, warning such changes will 'kill the real estate markets' during a keynote chat at PEI's NEXUS conference.

Ares Management data shows deal volume for real estate secondaries fell 21% in 2023 from the record $12.4bn clocked the year before.

Ares Management data shows deal volume for the asset class fell 21% in 2023 from the record $12.4bn clocked the year prior.

The firm's predecessor fund has been fully deployed to LP and GP-led real estate secondaries transactions across the Asia-Pacific region.