Key Takeaways
- • Ares Management Corp. and Norway's sovereign wealth fund have formed a joint venture to acquire €1.5 billion (approximately $1.7 billion) of European warehouses.
- • This is the first venture between Ares, an alternative asset manager, and the Norwegian fund, which has approximately $2.2 trillion in assets, according to a company statement.
- • The venture will use Ares' Marq Logistics platform, which manages more than 2,250 properties globally, to source deals and manage the assets.
Summary
Ares Management Corp. has joined Norway's sovereign wealth fund in a venture to buy €1.5 billion ($1.7 billion) of European warehouses, according to a statement issued Wednesday and reported by Bloomberg on October 21, 2026. The partnership marks the first collaboration between the alternative asset manager and the $2.2 trillion fund.
The venture will draw on Ares' Marq Logistics platform, which the company says manages more than 2,250 properties globally. Marq will help source acquisitions and handle day-to-day management of the properties once acquired. The statement did not disclose additional details on the structure, ownership split, or timing of the transactions, based on the available coverage.
The deal reflects continued institutional interest in logistics real estate in Europe, where warehouses have attracted capital from large allocators seeking long-duration income assets. Coverage of the announcement was also carried by TradingView, which reported the same €1.5 billion figure.
The venture will draw on Ares' Marq Logistics platform, which the company says manages more than 2,250 properties globally. Marq will help source acquisitions and handle day-to-day management of the properties once acquired. The statement did not disclose additional details on the structure, ownership split, or timing of the transactions, based on the available coverage.
The deal reflects continued institutional interest in logistics real estate in Europe, where warehouses have attracted capital from large allocators seeking long-duration income assets. Coverage of the announcement was also carried by TradingView, which reported the same €1.5 billion figure.
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