Once finalized, the transaction will position Ares as one of the largest vertically integrated platforms in real estate, with assets spanning North America, Europe, Asia, and Latin America.
GCP’s Global Presence and Investment Focus
GCP International’s portfolio includes over 320 million square feet of industrial properties across key markets, including the U.S., Europe, Japan, Brazil, and Vietnam. The firm focuses on long-term secular trends, particularly in industrial, digital infrastructure, and self-storage sectors.
Michael Steele, president of GCP, emphasized that the deal represents a meeting of shared values. “In Ares, we have found a partner that shares our philosophy and entrepreneurial culture. We look forward to integrating with the Ares team and scaling our combined platform for the benefit of all stakeholders,” Steele said.
Ares to acquire GCP : Financial and Legal Advisors
Ares has secured committed bridge financing from Morgan Stanley Senior Funding Inc. and Citigroup Global Markets Inc. for the transaction. The firm’s financial advisors include Eastdil Secured, Barclays, Goldman Sachs & Co., and Wells Fargo Securities.