An unknown fund managed by Ares Management Corporation (NYSE:ARES) acquired portfolio of industrial assets with main logistics corridor from unknown fund managed by Blackstone Inc. (NYSE:BX) on April 18, 2024. The portfolio comprises approximately 360,000 square meters of logistics space across nine high quality assets located in France?s prime logistics markets, including Paris, Lyon and Marseille. The assets are ideally located along the French Dorsal Axis, the country?s most prominent logistics route running through key urban areas and serving as an international logistics route connecting Northern and Southern Europe. BNP Paribas SA (ENXTPA:BNP) act as financial advisor for Ares Management Corporation (NYSE:ARES). Eastdil Secured, L.L.C. act as financial advisor for Blackstone Inc. (NYSE:BX).

An unknown fund managed by Ares Management Corporation (NYSE:ARES) completed the acquisition of portfolio of industrial assets with main logistics corridor from unknown fund managed by Blackstone Inc. (NYSE:BX) on April 18, 2024.