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Market Impact: 0.35
Ares, PSP Investments Establish JV In The U.S.
Source: Nasdaq
Housing & Real EstatePrivate Markets & VentureTransportation & Logistics
Ares Management and PSP Investments formed a joint venture with capacity to invest up to $2.4 billion in U.S. logistics real estate. The partnership signals continued institutional appetite for warehouse and distribution assets, providing Ares with additional capital for sector-focused real estate investments.
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