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Last updated: March 24, 2026, 2:30 PM ET

Real Estate & Private Equity Capital Flows

Apollo Global Management is executing a strategic maneuver in retail property, taking a 49 percent stake in a joint venture with Realty Income valued at $1 billion, centered on a portfolio underpinned by long-term, single-tenant net leases. Concurrently, private capital deployment in Asia continues, with KKR nearing the first close of approximately $5 billion for its third Asia-Pacific infrastructure fund, positioning it to potentially exceed the $6.4 billion raised for its predecessor fund. Furthermore, CBRE Investment Management reported reaching a fundraising milestone for its dedicated Japan property fund, while sovereign wealth entity GIC is reportedly backing a new built-to-suit logistics development strategy in the region.