Ares Raises $5.4B To Invest In U.S. And European Real Estate
Ares Management Corporation has raised $5.4 billion to invest in US and European real estate, targeting sectors like logistics and multifamily housing. The funds will support investments across high-conviction markets, leveraging Ares' regional teams and operating capabilities.
Ares Management Corporation has raised approximately $5.4 billion to invest in value-add real estate. The capital comes from final closings of two funds: Ares US Real Estate Fund XI and Ares European Property Enhancement Partners IV. The US fund reached its increased hard cap of $3.1 billion, while the European fund raised $1.9 billion. The raised capital will support investments in high-conviction markets, targeting sectors like logistics centers and multifamily housing. Ares' approach aims to secure high-quality assets in sectors resilient to economic shifts. The funds have deployed or identified $1.1 billion of initial investments, including assets with durable cash flows and potential valuation growth.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.