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

Core Viewpoint - Apollo has successfully completed a €900 million senior secured financing for a pan-European logistics and industrial portfolio, indicating strong market interest in high-quality real estate assets [1][2]. Group 1: Financing Details - The investment is divided into three 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 logistics and industrial space, located in key European distribution corridors [2]. Group 2: Market Dynamics - The portfolio benefits from a diversified tenancy base with long-term, investment-grade occupants, reflecting resilient demand and supply dynamics in the logistics and industrial sector [3]. - Apollo's Real Estate Credit business is noted as one of the most active non-bank lenders in Europe, with recent investments including financing for student accommodation and a major film and TV production hub [3]. Group 3: Company Profiles - Apollo is a global alternative asset manager with approximately $908 billion in assets under management as of September 30, 2025, focusing on providing innovative capital solutions [5]. - Cerberus, founded in 1992, manages around $70 billion in assets and invests across various strategies, emphasizing integrated investment platforms to enhance performance [6]. - Arrow Capital Partners specializes in cross-border real estate investments, managing over $5 billion in assets and having a significant development pipeline [9].