Apollo second-quarter earnings more than double on strong asset sales
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Apollo Global Management (APO) Apollo EPF III Acquires Real Estate Assets from ENPAM for 842M Eur
August 5, 2021 7:01 AM EDTApollo European Principal Finance Fund III (Apollo EPF III), a fund managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, Apollo) (NYSE: APO), today announced it has entered into a definitive agreement with the Italian pension fund Fondazione Ente Nazionale di Previdenza ed Assistenza dei Medici e degli Odontoiatri (ENPAM) to acquire ENPAMs directly owned portfolio of real estate assets (the Portfolio) for 842 million.
The Portfolio comprises 68 high-quality commercial and residential assets, including hotel, retail, logistics and parking assets primarily located in the economic hubs of Rome and Milan.... More
