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Allen & Overy advises Apollo Global Management on the financing for the acquisition of Italian real estate portfolio

Allen & Overy has advised investment funds managed by an affiliate of Apollo Global Management, a leading global alternative asset manager, on the financing in connection with its acquisition of a real estate portfolio for a total value of EUR842million from the Italian pension fund of Italian doctors and dentists (ENPAM).

The portfolio comprises 68 high-quality commercial and residential assets, including offices, hotels, logistics facilities and residential buildings mainly located in Milan and Rome.

The Allen & Overy team advising on the transaction was led by partners Peter Mailer and Stefano Sennhauser with senior associate Luca Maffia, supported by associate Giovanni Leuratti and trainee Sara Muscioni for the Italian law aspects of the financing and by associates Chara Sherwood and Kate McCreery and trainee Abigail Dore for English law aspects. A team comprising senior associate Elia Ferdinando Clarizia and associate Lino Ziliotti advised on tax-related matters.