Apollo to Invest $1bn for 49% Stake in New Realty Income Retail Venture

March 20, 2026 - SLB Capital Advisors shared thoughts with PERE on Apollo's strategic joint venture with Realty Income

March 20, 2026 – SLB Capital Advisors shared thoughts with PERE on Apollo’s strategic joint venture with Realty Income

SLB Capital Advisors’ Managing Partner Scott Merkle shared thoughts with PERE on Apollo’s strategic joint venture with Realty Income

“The JV highlights how even the largest public net lease real estate investment trusts are increasinbly tapping private capital to drive growth.”

“Additionally, the deal fits within a wider trend of major altnerative asset managers, including Blue Owl, Ares and KKR, expanding their sale leaseback and net lease investments,” said Scott Merkle, Managing Partner at SLB Capital Advisors

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