Key Takeaways
- • Ares Management and Norway's sovereign wealth fund (Norges Bank Investment Management, NBIM) have formed a European logistics investment partnership focused on industrial real estate.
- • Norges is committing €1.5 billion of equity to the partnership, according to CoStar.
- • Julie Solomon, Partner and Head of Real Estate at Ares Management, is listed as the key contact for the venture.
- • The partnership positions two of the largest global real estate investors to target the European industrial and logistics sector.
Summary
Ares Management and Norway's sovereign wealth fund have joined forces to target industrial real estate in Europe, according to a CoStar report published October 21, 2026. The article describes the two firms as among the world's largest real estate investors.
CoStar reports that Norges is committing €1.5 billion of equity to the logistics investment partnership. The source identifies Julie Solomon, Partner and Head of Real Estate at Ares Management, as the primary Ares contact for the venture.
The partnership centers on logistics and industrial assets across Europe, a sector that has attracted sustained institutional capital in recent years. The available source material is limited to the headline, summary and contact details, as the full article is restricted to CoStar subscribers, so additional terms such as the partnership's target size, asset strategy, or governance structure are not disclosed here.
CoStar reports that Norges is committing €1.5 billion of equity to the logistics investment partnership. The source identifies Julie Solomon, Partner and Head of Real Estate at Ares Management, as the primary Ares contact for the venture.
The partnership centers on logistics and industrial assets across Europe, a sector that has attracted sustained institutional capital in recent years. The available source material is limited to the headline, summary and contact details, as the full article is restricted to CoStar subscribers, so additional terms such as the partnership's target size, asset strategy, or governance structure are not disclosed here.
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