Blueprint: Apollo’s net lease play; CBRE’s Japan fundraise milestone; GIC’s built-to-suit logistics bet

Apollo is buying a 49 percent stake in a joint venture with Realty Income for $1 billion, backed by a single-tenant retail portfolio on long-term net leases. CBRE Investment Management has raised $2.1 billion for its seventh Asia-Pacific value-add real estate fund, marking the largest fundraise in its Asia Value Partners series; GIC is launching a $1.6 billion US build-to-suit logistics joint venture with sector giant Prologis, its second such push in 2026; and more in today’s digest, exclusively for our valued subscribers.