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LONDON - Ares Management Corporation (NYSE:ARES), a $49.32 billion market cap investment manager with impressive 49.87% revenue growth over the last twelve months, and Slate Asset Management have agreed to purchase a portfolio of 36 retail parks in Poland from Trei Real Estate for more than €300 million, according to a press release statement. According to InvestingPro analysis, Ares maintains a GOOD financial health score, suggesting strong operational capabilities for such acquisitions.
The portfolio consists of recently developed, fully occupied convenience-led retail parks located across major Polish metropolitan areas. The properties feature inflation-protected CPI-linked lease agreements with tenants that include large regional retailers and essential goods providers such as grocers and pharmacies. This acquisition aligns with Ares’s strong financial foundation, reflected in its 12-year track record of consistent dividend payments and five consecutive years of dividend increases, as revealed by InvestingPro data.
Kevin Cahill, Partner and Head of European Diversified Investments in the Ares Real Estate Group, said, "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."
For Slate Asset Management, this acquisition represents its first investment in Poland. Sven Vollenbruch, Managing Director at Slate, noted that the portfolio aligns with the firm’s "income-focused essential real estate strategy, which specifically targets convenience and necessity-based retail." For deeper insights into Ares’s financial metrics and 10+ additional ProTips, visit InvestingPro, where you’ll find comprehensive analysis in the Pro Research Report.
Pepijn Morshuis, CEO of Trei Real Estate, explained that with Trei’s ownership "increasingly focusing on the USA," the company found "good and trusted new owners" for its Vendo Parks.
The transaction is expected to close by December 31, 2025, subject to customary and regulatory approvals.
Ares Real Estate manages a portfolio representing more than 720 million square feet with $108.7 billion of assets under management as of June 30, 2025. Slate has been active in the European real estate market since 2016 and has completed over €1 billion of essential real estate acquisitions across Europe in 2025 alone.
In other recent news, Ares Management has been active with several noteworthy developments. Citizens has reiterated its Market Outperform rating for Ares Management, maintaining a price target of $205, despite ongoing market volatility and concerns about private credit portfolio quality. Meanwhile, RBC Capital has adjusted its price target for Ares Management to $190 from $215, although it retains an Outperform rating, suggesting potential opportunities for investors. Ares Management has announced the appointment of Bill Benjamin as Vice Chairman, effective January 1, 2026, as he transitions from his current role as Co-Head of Ares Real Estate. Additionally, Ares has entered a strategic relationship with LenderMAC, involving a structured debt investment to support LenderMAC’s Non-QM loan production. Under this agreement, Ares will purchase a significant portion of LenderMAC’s Non-QM loans, though the financial terms remain undisclosed. These recent developments highlight Ares Management’s ongoing strategic initiatives and analyst perspectives.
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