Announced
Synopsis
Ares Management Corporation, a global alternative investment manager, and Slate Asset Management, a global investor and manager focused on essential real estate and infrastructure, agreed to acquire a portfolio of 36 properties in Poland from Trei Real Estate, an internationally active developer and asset manager, for €300m. “This transaction underlines our conviction in Polish real estate and the broader European retail sector, both of which are areas in which Ares has been investing for over two decades. We believe the Portfolio presents significant opportunities for additional value creation and we look forward to working closely with Slate to unlock its full potential," Kevin Cahill, Ares Partner and Head of European Diversified Investments.
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