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Apollo Real Estate Fund acquires interest in Louis Dreyfus Property Group.


NEW YORK--(BUSINESS WIRE)--Aug. 6, 1996--Apollo Real Estate Investment Fund II, an affiliate of Apollo Apollo (əpŏl`ō), in Greek religion and mythology, one of the most important Olympian gods, concerned especially with prophecy, medicine, music and poetry, archery, and various bucolic arts, particularly the care of flocks and herds.  Advisors, and Louis Dreyfus Property Group, a North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 real estate subsidiary of the international commodity trading firm of S.A. Louis Dreyfus & Cie. of Paris, France, announced today that the Apollo Fund has acquired a 50% interest in Louis Dreyfus Property Group

The purchase also includes a 50% interest in five commercial buildings, totaling 1.5 million square feet of Class A office space, located in Westchester County, NY; New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY; Washington, D.C.; Stamford, CT.; and Coral Gables Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings. , FL.

"We are highly pleased to have Apollo as our partner," said Jeffrey Sussman, president of Louis Dreyfus Property Group. "Their expertise will be especially valuable both in developing the existing properties where we have a joint interest and in additional opportunities we will be pursuing."

The purchase price was not disclosed.

CONTACT: Steven S Ste´ven

n. 1. Voice; speech; language.
Ye have as merry a steven
As any angel hath that is in heaven.
- Chaucer.

2. An outcry; a loud call; a clamor.
To set steven
to make an appointment.
. Anreder

Anreder and Company

(212) 421-4020
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Publication:Business Wire
Date:Aug 6, 1996
Words:158
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