Apollo to Provide €1 Billion Capital Solution to Vonovia in Third Transaction

Paul, Weiss is advising Apollo on a €1 billion investment by Apollo affiliates and other long-term investors in an affiliate of Vonovia, Germany’s leading residential real estate company. This commitment follows two previous €1 billion transactions between Vonovia and Apollo in 2023, related to Vonovia’s real estate portfolios in Southwest Germany and Northern Germany.

The Paul, Weiss team is led by corporate partners Robert Zochowski and Nadeem Waeen and counsel Elizabeth Scherer, and includes partner Manuel Frey; tax partners Sohail Itani and Brad Okun; and executive compensation counsel Jake Glazeski.