Apollo-managed funds have provided a €113.5 million loan to Valor Real Estate Partners and QuadReal Property’s European logistics investment partnership for a portfolio of French assets.
Valor said the three-year loan, with extension options, has been used to finance a 120,000 square meters portfolio of seven urban logistics assets in Paris, Lyon and Marseille.
The financing marks the first transaction between the two parties.
Source: realassets.ipe.com on the 29th of November