Apollo investment in Realty Income US retail joint venture
Primary Investment · 19/03/2026
Apollo-managed funds and affiliates agreed to invest USD 1 billion for 49% of a US retail-property joint venture with Realty Income. Wells Fargo Securities advised Apollo. Realty Income subsequently confirmed formation of MDC Mercury 2604 Venture, LLC on March 31, 2026, comprising 492 properties. The 49% interest belongs to Apollo's investors, not Wells Fargo.
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