Ares Management to Acquire GCP International (Excluding Greater China Operations)

Ares Management Corporation entered into a definitive agreement to acquire the international business of GLP Capital Partners Limited and certain affiliates, excluding operations in Greater China (GCP International) for $3.7 billion. The transaction will combine Ares Real Estate with GCP International’s industrial, data center, and self-storage platforms and is expected to close in the first half of 2025, subject to regulatory approvals.