The global investment firm has nearly doubled its real estate AUM following the decision to purchase Bridge Investment Group for approximately $1.5 billion in stock. The deal will further cement Apollo’s foundations and see its real estate AUM exceed $110 billion. The firm’s ambitions are to hit $1.5 trillion by 2029. Hopefully this deal will represent a ‘bridge of highs’. Bridge’s Executive Chairman Bob Morse is to head up Apollo’s real estate equity business. Bridge focuses on real estate debt as part of its strategy offering, in addition to multi-family housing, logistics and industrial net lease. You could say Apollo is a fan of Bridge(t) Loans!
Discover a summary of Wednesday at IPEM Paris 2024 with the Photo Gallery (relive our events: Comms & Marketing Lunch, Wrap Party), the TV Studio Interviews, and the Video Highlights!
In a move that quite literally gets retirement real, Invesco Ltd. has launched the Invesco Core Plus Real Estate Trust, a daily-valued collective investment trust engineered for defined contribution plans,…
