Ares SSG acquires majority stake in HK commercial project for $392m

Ares SSG acquires majority stake in HK commercial project for $392m

Alternative asset manager Ares SSG, which is a pan-Asian unit of Ares Management Corporation, has purchased a 51% stake in New World Development’s Hong Kong office project for around $392 million (HK$3.07 billion), per a regulatory filing.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter