Apollo affiliate raises $1.4B for logistics real estate fund

June 4, 2026 - 03:30

Bridge Investment Group, an affiliate of Apollo Global Management, has raised approximately $1.4 billion for a new investment vehicle focused on logistics real estate. The fund will target the acquisition of industrial properties, including warehouses and distribution centers, across key markets in the United States.

The capital raise comes at a time when demand for logistics space remains elevated, driven by the continued expansion of e-commerce and the need for supply chain resilience. Investors have shown strong appetite for assets tied to the movement of goods, as vacancy rates in many industrial markets stay low and rental growth persists.

Bridge Investment Group plans to deploy the capital into both stabilized properties and development opportunities. The firm aims to capitalize on structural shifts in how goods are stored and distributed, particularly the push for faster delivery times and the need for modern, well-located facilities. The fund's strategy also includes potential investments in cold storage and last-mile logistics hubs, which have seen increased demand from retailers and third-party logistics providers.

The $1.4 billion figure includes leverage, with the fund's equity commitments coming from a mix of institutional investors, pension funds, and sovereign wealth funds. The closing of this fund underscores the ongoing confidence in industrial real estate as a core asset class, even as broader commercial property markets face headwinds from higher interest rates and changing office usage patterns.