Business Wire·Oct 21, 2026, 3:30 AM ET

Ares and Norges Bank Investment Management Establish up to €1.5 Billion European Logistics Investment Partnership

Ares Real Estate established a European logistics investment partnership with Norges Bank Investment Management (NBIM).
NBIM committed €1.5 billion in equity to the partnership, marking the first collaboration between the two entities.
The strategy focuses on acquiring modern, high-quality logistics assets across Europe to serve supply chain, distribution & e-commerce needs.
Ares will leverage its integrated logistics platform, Marq Logistics, which manages over 2,250 properties totaling more than 655 million square feet globally.
As of June 30, 2026, Ares Real Estate manages approximately $121 billion in assets with over 720 professionals across the Americas, Europe & APAC.
The partnership provides access to both standing assets & development opportunities within Europe's major logistics markets.
NBIM manages the Norwegian Government Pension Fund Global, which holds assets worth approximately 2,300 trillion US dollars.