Apollo Global Management (APO) Announces $1.4B Investment into Aldar
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Apollo to Invest in Aldar Through Landmark US$1.4 Billion Transaction
February 14, 2022 12:45 AM ESTWill be one of the largest foreign direct investments into Abu Dhabis private sector, reinforcing the strength of its real estate market and Aldars market-leading positionApollo to take direct minority stake in Aldar Investment Properties with a US$400 million equity investmentUS$500 million investment into a new land joint venture with Aldar for a portion of Aldars 65 million sqm landbank Apollo to invest US$500 million of Perpetual Subordinated Notes issued by Aldar Investment Properties representing the regions largest-ever corporate hybrid private placement... More
