Ares Management

The initiative marks the New York-based firm’s push into raising and deploying private wealth capital in core-plus real estate.

The Canadian manager has secured close to €350m for its fourth strategy focused on grocery-anchored retail assets in the region.

Managers are confronting uneven vacancy patterns, constrained development pipelines and shifts in global trade as capital migrates into more operationally intensive, infrastructure-adjacent assets.

Logistics investors anticipate abundant opportunities in a market that has reset, with demand being fueled by occupiers fortifying their supply chains against further disruption.

Asia’s economic tailwinds are creating particularly compelling opportunities for alternative lenders, say Ares’ Edwin Wong and Dinesh Goel.

The leadership transition is part of a broader strategy to integrate its China operations and coincides with reported plans for a Hong Kong IPO this year.

The manager acquired two net-leased data centers in Virginia with equity from its real estate funds, and will develop a third via its infrastructure arm.

Marq Logistics will unify Ares' industrial portfolio with operations bought from GCP, encompassing 600 million square feet globally.