Ares bolsters real estate business with $5.2bn takeover - Financial …

Oct 8, 2024 · Ares chief executive Michael Arougheti told the Financial Times the deal would make it one of the three largest investors in industrial real estate, putting it behind Blackstone …

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Ares Bolsters Real Estate Business With $5.2bn Takeover - Financial …

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Oct 8, 2024 · Ares chief executive Michael Arougheti told the Financial Times the deal would make it one of the three largest investors in industrial real estate, putting it behind Blackstone …

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Ares Doubles Real Estate Assets With $5.2 Billion GLP Takeover

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Oct 14, 2024 · Ares Management has entered a $5.2 billion deal to acquire the international arm of real estate investment manager GLP Capital Partners, marking one of the largest mergers …

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Ares To Buy GCP's Ex-China Assets For Up To $5.2 Billion - Financial …

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Oct 8, 2024 · The deal also includes an additional earn-out provision of up to $1.5 billion if certain performance goals are met, GLP said. The upfront cash proceeds would help it reduce …

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Ares To Buy GCP’s Ex-China Assets For Up To $5.2 Billion

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Oct 8, 2024 · Ares Management Corp. agreed to acquire GLP Capital Partners Ltd.’s operations outside of China for up to $5.2 billion, in one of the biggest recent combinations in the …

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Ares Joins Ranks Of Blackstone, Prologis With Potential $5.2B …

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Oct 10, 2024 · According to Ares, industrial real estate is a $2 trillion sector with ongoing strong fundamentals across market cycles and enjoys favorable conditions and trends, including e …

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Ares’s $5.2B Deal Boosts Industrial Real Estate Portfolio In Mexico

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Oct 8, 2024 · Competitive Advantage: This acquisition bolsters Ares’s competitive position relative to other real estate investment managers, leveraging Walton Street Mexico’s expertise in the …

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Ares Management Expands With $5.2B Real Estate Acquisition

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Ares Management strengthens its real estate portfolio with a $5.2 billion acquisition, expanding its market presence and enhancing its global investments.

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Ares To Buy GCP’s Ex-China Assets For Up To $5.2 Billion (2)

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Oct 8, 2024 · Ares Management Corp. agreed to acquire GLP Capital Partners Ltd. ’s operations outside of China for up to $5.2 billion, in one of the biggest recent combinations in the …

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Ares Bolsters Real Estate Business With $5.2bn Takeover

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GLP Capital deal will add $44bn in assets to private investment group’s business

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Ares To Nearly Double Real Estate Portfolio With $3.7B-Plus …

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Oct 8, 2024 · Ares Management Corp. announced a $3.7B acquisition plan Tuesday that positions the investment firm to become what it says would be the world's third-largest industrial landlord.

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Ares To Build Real Estate Business With $3.7B Acquisition

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Oct 9, 2024 · Alternatives manager Ares Management continues to build up its real estate platform with the second announced planned acquisition in less than two weeks.

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Ares Closes Fourth US Real Estate Fund With Record $3.3bn Haul

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Sep 16, 2024 · The record capital raise comes after Ares announced an unprecedented fundraising haul of $26 billion across all of its business lines in the second quarter. Ares US …

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FAQs about Ares bolsters real estate business with $5.2bn takeover - Financial … Coupon?

How much money does Ares real estate have?

The deal will double Ares Real Estate’s assets to $96 billion. Ares Management Corp. announced Monday its plans to acquire real estate asset manager GCP International, the international business of GLP Capital Partners Ltd. ...

Why did Ares buy a real estate company?

In a separate statement on the same day, Ares described the acquisition as a move to expand its real estate capabilities. The deal nearly doubles its real estate assets under management to some US$96 billion across North America, Europe, Asia and Latin America. ...

Is Ares the biggest investor in industrial real estate?

Ares chief executive Michael Arougheti told the Financial Times the deal would make it one of the three largest investors in industrial real estate, putting it behind Blackstone and Prologis. The Los Angeles-based group managed just under $450bn at the end of June. ...

How will Ares real estate's acquisition affect its balance sheet?

The upfront cash proceeds would help it reduce liabilities and strengthen the group’s balance sheet, it added. The acquisition will help Ares Real Estate nearly double its assets under management to about $96 billion across North America, Europe, Asia and Latin America. ...

How much will Ares pay for a new industrial real estate deal?

While the deal isn't closed just yet, it would make Los Angeles-based firms one of the largest players in industrial real estate. The Financial Times reported the deal as Ares paying up to $5.2 billion. ...

How much will GCP international buy Ares real estate?

GCP International manages $44 billion in real assets and private equity. Once the deal closes, Ares Real Estate will have roughly $96 billion in assets across North America, Europe, Asia, and Latin America. The acquisition is expected to bring Ares’ total global AUM to about $492 billion. ...