Apollo Global Management and Realty Partners to pursue real estate investment opportunities in Italy
Funds affiliated with Apollo Global Management have formed a strategic partnership with Realty Partners to selectively invest in the Italian real estate market.
The strategy is to invest in assets that have potential for value enhancement (through conversions, restructuring, market repositioning). Assets can originate from ordinary and extraordinary disposals, acquisitions of real estate companies or investments in secured NPLs.
“Italy is a key market in terms of real estate growth forecast in forthcoming years,” said Roger Orf, partner, European principal finance and head of real estate for Europe at Apollo.