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Sign in Sign up for a FREE subscriptionARA Asset Management creates JV with Venn Partners
ARA Asset Management, through its subsidiary ARA UK Asset Management, has entered into an agreement to establish a joint venture with Venn Partners, a specialist investment manager in European real estate private debt, to capitalize on the real estate credit market in the region.
The proposed joint venture, ARA Venn, will create and manage funds and other ownership vehicles to invest in real estate credit strategies in Europe.
Subject to regulatory approvals, the deal is expected to complete by first quarter 2020.
