Ares Management Corporation (NYSE:ARES) acquired 1.2m sqft UK portfolio of industrial and logistics assets from Royal London Asset Management Ltd. for approximately £200 million on January 29, 2024. The companies said the portfolio comprises a mix of multi-let industrial and single-let distribution assets with a strong tenant line-up, spread across a wide range of industries. Royal London Asset Management Property will continue to asset manage the portfolio for Ares.

Ares Management Corporation (NYSE:ARES) completed the acquisition of 1.2m sqft UK portfolio of industrial and logistics assets from Royal London Asset Management Ltd. on January 29, 2024.