Apollo Global Management’s real‑estate credit arm announced a €900 million senior‑secured loan that will refinance the debt of a pan‑European logistics and industrial portfolio owned by a joint venture between Cerberus Capital Management and Arrow Capital Partners. The loan, structured as a three‑facility package, will replace existing debt on 92 institutional‑quality assets that span more than one million square metres of urban and mid‑box logistics and industrial space across the United Kingdom, Germany, the Netherlands, Spain, Ireland and Poland.
The portfolio, which sits under the joint venture’s Strategic Industrial Real Estate (SIRE) platform, includes high‑quality assets in key urban infill locations that benefit from resilient demand driven by e‑commerce growth and supply‑chain consolidation. The refinancing consolidates the portfolio’s debt, reduces interest expense, and extends the maturity profile, giving the owners greater flexibility to invest in ESG upgrades and tenant improvements.
Apollo’s partner and Head of Real‑Estate Credit, Europe, Ben Eppley said the deal “refinances a diversified, high‑quality portfolio of strategically located logistics and industrial assets, which benefit from resilient demand and supply dynamics.” The €900 million package underscores Apollo’s focus on deploying capital into income‑generating real‑estate assets and demonstrates its ability to deliver large‑scale, single‑lender solutions to sponsors seeking certainty and scale.
The transaction fits within Apollo’s broader European credit strategy, which has deployed over $26 billion in real‑estate credit since 2014 with no losses to date. The firm’s credit arm manages more than $72 billion in assets and continues to target high‑quality logistics assets that offer stable cash flows and long‑term growth potential. The refinancing also supports the joint venture’s goal of expanding its SIRE platform, originally launched in July 2019 with a €2 billion portfolio, to capture additional market share in the continent’s most attractive logistics corridors.
Julio Domínguez, Head of European Financings at Cerberus, noted that “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.” The deal signals confidence in the continued resilience of the European logistics market and the ability of Apollo’s credit platform to support high‑quality asset owners.
The €900 million loan, completed on January 29 2026, represents a significant capital deployment for Apollo’s credit business and reinforces its position as a leading provider of senior‑secured financing for institutional‑grade real‑estate assets in Europe.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.