Asset manager Apollo has provided a €900m financing for a pan-European logistics and industrial portfolio of 92 assets owned by Cerberus Capital Management and Arrow Capital Partners.
Apollo is providing the investment through three separate senior loan facilities to mainly refinance existing debt for Cerberus and Arrow’s Strategic Industrial Real Estate (SIRE) platform.
The portfolio comprises over 1m sqm of urban and mid-box logistics and industrial space, featuring a diversified tenancy base located across the UK, Germany, the Netherlands, Spain, Ireland and Poland.
Ben Eppley, partner and head of real estate credit, Europe at Apollo, said: “This bespoke solution refinances a diversified, high-quality portfolio of strategically located logistics and industrial assets, which benefit from resilient demand and supply dynamics.
“We continue to see strong interest from sponsors seeking holistic, single lender solutions where we can transact with certainty and scale.”
Julio Dominguez, head of European financings at Cerberus, said: “Apollo’s investment reflects the strong market recognition of the value we have built across our SIRE platform.
“With a high‑quality portfolio and robust market fundamentals, this refinancing supports our commitment to advancing our strategy across Europe.”
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