Antares Capital and Ares Management have announced the $1.7 billion closing of a second private credit continuation vehicle. The transaction provides existing investors with liquidity while offering new ones exposure to a high-performing portfolio of over 300 loans. Led by Ares Credit Secondaries funds, the move highlights the growing demand for flexible financial solutions in a market where assets are being held for longer periods.
Da Nang has marked a major milestone in its maritime development with the completion of shared infrastructure at Lien Chieu Port. A ceremony on March 28 signaled the start of a US$2 billion comprehensive investment project for a new container terminal. This mega-project aims to establish an international transshipment hub in Central Vietnam. It will feature eight berths capable of handling the world’s largest container vessels.
Prologis and GIC have established a $1.6 billion joint venture to develop build-to-suit logistics facilities across the United States. The partnership starts with a 4.1 million square foot portfolio and aims to meet rising demand for custom distribution centres. By combining GIC's institutional capital with the development expertise of Prologis, the venture targets long-term growth in the North American industrial sector.
Realty Income and Apollo have entered a $1.0 billion strategic partnership. Apollo will acquire a 49 per cent stake in a joint venture featuring 500 US retail properties. This deal forms the cornerstone of Realty Income’s new private capital initiative, providing a scalable source of equity independent of public markets. The arrangement has received permanent equity treatment from major rating agencies and is scheduled to close at the end of March.
Hines and Burstone Group have launched a pan-European light industrial joint venture, seeded with a R760 million investment. The partnership has acquired six assets across Germany and the Netherlands, totalling 49,000 square metres. Burstone will manage the portfolio, taking a 20% equity stake alongside the Hines European Real Estate Partners III fund. The strategy targets value-add opportunities driven by nearshoring and supply chain growth.
Logistea AB has agreed to acquire a six-asset logistics portfolio from DSV for SEK 587 million. The sale-leaseback deal includes 41,500 square metres of cross-docking space across Sweden, including sites in Karlstad and Gävle. All properties are fully leased to DSV Road AB on ten-year triple net terms. The transaction is expected to close on March 30th 2026, pending regulatory approval for the Växjö asset.