Ares US Real Estate Opportunity Fund III
Why Now and Why AREOF III?
We believe this is the best vintage for real estate investment since the GFC
Start of New
Cycle
Dislocation and
Distress
Changing Use
Landscape
Broad Sector
Experience
Ares
Competitive
Advantages
Substantial available dry powder to invest into a profound recession and the
ensuing recovery
Widening opportunity set to seek to acquire distressed and undercapitalized assets at a
potential discount to historical pricing and replacement cost, in line with AREOF III's
investment strategy
We believe changing space usage in response to COVID-19 will reward managers with
significant asset repositioning, redevelopment and development experience
Deep experience across property types and ability to pivot as the impact of the crisis on
various asset classes evolves
Cycle tested team with deep and local sourcing capabilities, structuring experience and
demonstrated track record managing business plan complexity coupled with benefits of
Ares scale, relationships and information sharing
Based on the views of the Ares Real Estate Group as of August 31, 2020. However, the situation surrounding COVID-19 is fluid and developing rapidly. As such, our views are subject to change at
any time.. There is no guarantee or assurance investment objectives will be achieved.
ARES
Confidential - Not for Publication or Distribution
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