Ares, PSP Establish $2.4B U.S. Logistics JV
Ares Management and the Public Sector Pension Investment Board have launched a joint venture to invest up to $2.4 billion in U.S. logistics real estate, starting with a 5.2 million-square-foot seed portfolio of 14 properties in California, Texas, and New Jersey, with Marq Logistics leading sourcing and asset management. The venture combines Ares' real estate platform and PSP Investments' capital to target cash-flowing assets in high-growth markets amid growing demand from onshoring, digital infrastructure expansion, and e-commerce.
Business · 6 sources · Sep 17, 2026Read itThe journal
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About Public Sector Pension Investment Board
The Public Sector Pension Investment Board, operating as PSP Investments, is a Canadian Crown corporation established by the Parliament of Canada on September 14th, 1999 through the Public Sector Pension Investment Board Act. PSP Investments is one of Canada's largest pension investment managers, with CAD $264.9 billion of net assets under management in fiscal year 2024.
Everything about Public Sector Pension Investment Board →- Country
- Canada
- Inception
- September 14, 1999
- Website
- https://www.investpsp.com/en/, https://www.investpsp.com/fr/