Ares, Norges Bank Set Up Logistics Partnership Backed by $1.68 Billion

04:22 AM EDT, 10/21/2026 (MT Newswires) -- Ares Management (ARES) said Wednesday its Real Estate unit formed a European logistics investment partnership with Norges Bank Investment Management, which committed 1.5 billion euros ($1.68 billion) in equity. It is the first deal between the two firms and will target modern, high-quality logistics assets serving supply chain, distribution and online retail needs in Europe, the company said. Investments will run through Ares' Marq Logistics platform, which manages more than 2,250 properties globally totaling over 655 million square feet, Ares Management said.