Blueprint: Ares’ REIT take-private; La Caisse-Prologis joint venture; Federated Hermes’ US footprint

The past week was marked by a slew of M&A activities across sectors and borders. Ares is completing its second REIT privatization this year, acquiring Whitestone and absorbing a US necessity retail-backed portfolio. Prologis is launching a new pan-European logistics vehicle through a joint venture with La Caisse, aimed at driving growth with an existing €1 billion portfolio. Meanwhile, Federated Hermes completed a $331 million deal last week to acquire an 80 percent stake in FCP; and more in today’s digest, exclusively for our valued subscribers.