BRIEF-Scion Group & Ares Establish Joint Venture To Acquire $910 Mln U.S. Student Housing Portfolio

Ares Management

Ares Management

ARES

0.00

May 20 (Reuters) - Ares Management Corp ARES.N:

  • SCION GROUP AND ARES ESTABLISH JOINT VENTURE TO ACQUIRE $910 MILLION U.S. STUDENT HOUSING PORTFOLIO

  • SCION GROUP: JV ACQUIRED A 12-PROPERTY, 7,578-BED PORTFOLIO FOR ABOUT $910 MILLION, WITH CO SERVING AS OPERATING PARTNER

Source text: ID:nBw8n286ba

Further company coverage: ARES.N


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