Makarora Management and Ares Alternative Credit Acquire Plymouth Industrial REIT for $2.1 Billion

Ares Completes Acquisition of Whitestone REIT for $1.7 Billion

April 11, 2026

Real Estate

Ares Management Corporation, via funds managed by Ares Real Estate, completed the all-cash acquisition of Whitestone REIT for $19.00 per share/unit, valuing the transaction at approximately $1.7 billion. The deal adds convenience-focused retail properties in fast-growing U.S. markets to Ares Real Estate’s portfolio and takes Whitestone private, removing it from public trading.

Ares and Antares Lead $1B Refinancing for PLZ Corp.

April 3, 2026

Financial Services

Ares Management and Antares Capital arranged a $1 billion private credit facility for PLZ Corp. The financing will allow PLZ to preemptively retire existing term loan obligations ahead of their August maturity dates, strengthening its capital structure. The deal is positioned as a private-credit solution to near-term refinancing pressure amid recent leverage and cash-flow challenges.

Ares Management Invests €2 Billion for 20% Stake in Plenitude

November 5, 2025

Renewable Energy

Ares Management, via its Ares Alternative Credit funds and affiliated vehicles, acquired a 20% stake in Plenitude from Eni for €2 billion, valuing the renewable energy and energy solutions company at over €12 billion. The investment will strengthen Plenitude’s shareholder base and support the company’s growth in renewable generation, energy retailing and electrification services as it pursues a target of 10 GW of capacity by 2028.

Ares Alternative Credit Acquires 20% Stake in Plenitude for Approximately €2 Billion

June 23, 2025

Energy

Ares Alternative Credit funds have entered into a definitive agreement to acquire a 20% minority stake in Plenitude for approximately €2 billion. The deal implies an enterprise value for Plenitude of over €12 billion and is subject to customary regulatory approvals.

Ares Management Corporation to Acquire Walton Street Mexico in $2.1 Billion Deal

September 28, 2024

Real Estate

Ares Management Corporation, through a subsidiary, entered into a definitive agreement to acquire 100% of Walton Street Capital Mexico S. de R.L. de C.V. and certain affiliates (Walton Street Mexico) for about $2.1 billion. The industrial-focused real estate asset manager will expand Ares Real Estate’s capabilities and reach in Mexico, leveraging Walton Street Mexico’s local platform and long-standing industrial track record.

Ares Management Acquires Capital Automotive (CARS) from Brookfield for $3.8 Billion

February 8, 2022

Real Estate

Funds managed by Ares Management Corporation's Alternative Credit strategy and Real Estate Group acquired Capital Automotive LLC (CARS) from a Brookfield private real estate fund for $3.8 billion. CARS, headquartered in McLean, Virginia, owns a portfolio of more than 250 net-lease automotive dealership properties across the U.S. and Canada; the acquisition expands Ares' net-lease capabilities and increases its net lease gross asset value to more than $7 billion over the prior 15 months.