Global alternative asset management group Ares Management Alternative Credit fund has committed to providing up to €1 billion of financing for Colonies, France's so-called "WeWork of co-living", to buy and refurbish "affordable" co-living apartments in major cities across Western Europe.
Ares Lends up to €1 Billion for Western Europe Coliving Apartments Drive
'WeWork of Coliving' Colonies Will Source And Manage Portfolio
By Paul Norman
CoStar NewsMay 11, 2022 | 8:14 AM
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