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.
Croisette has assisted Ares with the commercial due diligence of the portfolio.
“We are happy to have assisted Ares with the commercial due diligence in this recapitalization. The 28-asset portfolio is of excellent quality and well-positioned from a market perspective, with various value-enhancement initiatives already underway. I’m excited to see that our unique market data provides valuable insights of the industrial- and logistics segment and helps our clients to make informed investment decisions. Together with our Finnish team we also proved that we’re able provide first class advise on a Nordic basis.”
David Almqvist, Co-head of Capital Markets, Croisette Real Estate Partner
