Apollo-managed funds have completed €900 million in senior secured financing for a pan-European logistics and industrial portfolio owned by Cerberus Capital Management and Arrow Capital Partners.

Target Information

Apollo has successfully completed a senior secured financing worth approximately €900 million for a pan-European logistics and industrial portfolio. The portfolio is owned by a joint venture between Cerberus Capital Management and Arrow Capital Partners. It consists of 92 institutional-quality assets, encompassing over one million square meters of strategically located urban and mid-box logistics and industrial space across several key European countries, including the UK, Germany, the Netherlands, Spain, Ireland, and Poland. The portfolio is anchored by long-term, investment-grade tenants, highlighting its stability and investment appeal.

This financing, structured in three separate senior loan facilities, primarily serves to refinance existing debt of the Strategic Industrial Real Estate (SIRE) platform. The high-quality nature of the assets and the strategic locations chosen for the portfolio are designed to benefit from robust demand and supply dynamics within the logistics sector.

Industry Overview

The logistics and industrial sector in Europe has experienced significant growth in recent years, driven by increasing e-commerce activities and a rising demand for warehousing solutions. The need for efficient supply chains has pushed businesses to