Ares Management and Slate Asset Management to Acquire Polish Real Estate Portfolio Valued at Over €300 Million From Trei Real Estate

Core Viewpoint - Ares Management and Slate Asset Management have agreed to acquire a portfolio of 36 properties in Poland valued at over €300 million from Trei Real Estate, highlighting confidence in the Polish real estate market and the European retail sector [1][3]. Company Overview - Ares Management Corporation is a leading global alternative investment manager with over $572 billion in assets under management as of June 30, 2025, and has been investing in Polish real estate for over two decades [6]. - Slate Asset Management has been active in the European real estate market since 2016, completing over €1 billion in essential real estate acquisitions in 2025 alone, and this acquisition marks its first investment in Poland [4][7]. Portfolio Details - The acquired portfolio consists of 36 recently developed and fully occupied convenience-led retail parks located in major Polish metropolitan areas, with income primarily derived from large regional retailers and essential goods providers [2][4]. - The assets are protected against inflation through CPI-linked lease agreements with tenants that have strong covenants [2]. Strategic Intent - Ares Management views the portfolio as an opportunity for additional value creation and plans to work closely with Slate to unlock its full potential [3]. - Slate Asset Management aims to enhance its exposure to high-quality essential real estate in Europe, focusing on convenience and necessity-based retail [4]. Transaction Timeline - The transaction is expected to close by December 31, 2025, pending customary and regulatory approvals [5].