Apollo affiliate raises $1.4B for logistics real estate fund

Bridge Investment Group, an affiliate of Apollo Global Management, has successfully secured $1.4 billion for a fund dedicated to acquiring logistics properties, reflecting a growing trend in the sector's demand for specialized real estate. This significant investment highlights the increasing importance of logistics infrastructure to meet the growing e-commerce and global trade needs. The influx of capital underscores confidence in the logistics real estate market's potential for substantial returns, as companies seek to optimize their supply chain operations.