Apollo Provides €900 Million Refinancing for Pan-European Logistics and Industrial Portfolio Owned by Cerberus and Arrow Capital Partners

Core Insights - Apollo-managed funds have completed a €900 million senior secured financing for a pan-European logistics and industrial portfolio owned by a joint venture between Cerberus Capital Management and Arrow Capital Partners [1][2] Group 1: Financing Details - The investment is divided into three separate senior loan facilities aimed at refinancing existing debt of the Strategic Industrial Real Estate (SIRE) platform, a joint venture between Cerberus and Arrow [2] - The portfolio consists of 92 institutional-quality assets totaling over one million square meters of urban and mid-box logistics and industrial space, located in key European distribution corridors including the UK, Germany, the Netherlands, Spain, Ireland, and Poland [2] Group 2: Market Commentary - Ben Eppley, Partner and Head of Real Estate Credit at Apollo, highlighted that the refinancing supports a diversified, high-quality portfolio benefiting from resilient demand and supply dynamics [3] - Julio Dominguez, Head of European Financings at Cerberus, noted that Apollo's investment reflects strong market recognition of the value built across the SIRE platform, supporting their strategy in Europe [3] Group 3: Company Backgrounds - Apollo is a global alternative asset manager with approximately $908 billion in assets under management as of September 30, 2025, focusing on providing clients with excess returns across various investment strategies [5] - Cerberus, founded in 1992, manages approximately $70 billion in assets and invests across credit, real estate, and private equity strategies, aiming for strong risk-adjusted returns [6] - Arrow Capital Partners specializes in cross-border real estate investments and has over $5 billion in assets, with a focus on logistics and office assets [8]