Asia

Apollo Global Management provides $585 million financing to office provider TEC

Euros Room · 16 Sep 2026

Sept 15 : Apollo Global Management has extended $585 million in financing to office space provider The Executive Centre (TEC), the U.S.-based asset manager said on Tuesday.

The proceeds will be used to refinance existing debt and support TEC's expansion plans.

Bloomberg reported last month that TEC was seeking a loan of about $500 million to refinance debt and fund capital expenditures.

Headquartered in Hong Kong, TEC operates workspaces in the Asia-Pacific region and the Middle East, with a portfolio of over 260 centres across 38 cities.

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Apollo Global Management provides $585 million financing to office provider TEC

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