Ares and NBIM form European logistics partnership with up to €1.5bn commitment
Ares Management said on 21 October that Ares Real Estate and Norges Bank Investment Management had formed a partnership for European logistics investments. NBIM committed up to €1.5 billion in equity.
The partnership will target modern, high-quality logistics assets serving supply-chain, distribution and e-commerce needs. Ares said its Marq Logistics platform would provide operating expertise to support the investments.
Data
Table
European logistics partnership financing commitment
Ceiling of the equity commitment announced by NBIM
NBIM equity commitment ceiling
1.5
Methodology
Commitment ceiling stated in the company release; it is not an amount already invested or a completed acquisition.
Brookfield opened a Doha office as it seeks to expand investment activity in Qatar and the Gulf; the company said it manages about US$20 billion in regional assets.
The platform will focus on the Qatar Investment Authority’s local portfolio. The government also outlined five-year expectations for US$38.5 billion in infrastructure projects and US$22.5 billion in private investment.
Ministry of Foreign Affairs of the State of Qatar4 min read
