Slättö and Ares Management Real Estate Secondaries funds ("Ares") have agreed to support the recapitalization of a market-leading light-industrial and logistics portfolio, which is managed by Slättö. The portfolio comprises 28 assets with value concentrated in the Stockholm and Helsinki metropolitan areas.

"We are delighted to work with Ares as a transaction partner," says Jonas Andersson, Deputy Managing Partner at Slättö. "This deal is another testament to Slättö's ability to attract the most sophisticated capital to our funds and conviction segments, using our unique capabilities to build real estate platforms based on local market knowledge and access to off-market deal flow. We look forward to a long and fruitful cooperation with Ares, as both Firms have the near-term intention to further strengthen this strategic relationship in our next phase of growth via other investment opportunities."

Slättö will continue to manage the light industrial and logistics portfolio and execute the business plan, which includes active asset management, completing construction projects and increasing value in cash-flow assets for example through lease re-gears and energy saving measures. 

Slättö was advised by Roschier and Svalner.

About Slättö:

Slättö is a private equity real estate investor with a Nordic focus. We seek to deliver consistent market-leading returns for our investors through thematic strategies, local expertise, clear values and a committed team. The Slättö funds collectively manage assets of EUR +2bn. Since inception in 2013, the firm has executed +200 transactions with a total transaction value of EUR +3.5bn. With a forward-looking approach, we prioritise sustainability as key to the long-term success of our investments. For more information, please visit www.slatto.se.

About Ares Management Corporation:

Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. As of December 31, 2023, Ares Management Corporation's global platform had approximately $419 billion of assets under management with approximately 2,850 employees operating across North AmericaEuropeAsia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

For further information, please contact:

Jonas Andersson, Deputy Managing Partner 
Tel: +46 70 770 59 74 
E-mail: jonas.andersson@slatto.se 

Annachiara Torciano, Head of ESG and Communications 
Tel: +46 76 696 25 88 
E-mail: annachiara.torciano@slatto.se 

https://news.cision.com/slatto/r/slatto-announces-investment-from-ares-management,c3953334

https://news.cision.com/slatto/i/jonas-andersson-logistic-portfolio,c3283870

(c) 2024 Cision. All rights reserved., source Press Releases - English