# EDGAR Filing Document

**Accession Number:** 0001597634
**File Stem:** 0001193125-26-035494
**Filing Date:** 2026-2
**Character Count:** 3315
**Document Hash:** d1ff143ea6fa1b2ee11f21eaea306c20
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-035494.hdr.sgml**: 20260203

**ACCESSION NUMBER**: 0001193125-26-035494

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260203

**DATE AS OF CHANGE**: 20260203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Apollo Diversified Real Estate Fund
- **CENTRAL INDEX KEY:** 0001597634

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-236203
- **FILM NUMBER:** 26592826

**BUSINESS ADDRESS:**
- **STREET 1:** APOLLO REAL ESTATE FUND ADVISER, LLC
- **STREET 2:** 9 W 57TH ST
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-515-3200

**MAIL ADDRESS:**
- **STREET 1:** APOLLO REAL ESTATE FUND ADVISER, LLC
- **STREET 2:** 9 W 57TH ST
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Griffin Institutional Access Real Estate Fund
- **DATE OF NAME CHANGE:** 20140121

**Filed pursuant to Rule 424(b)(3) <br>File No. 333-236203** 

**APOLLO DIVERSIFIED REAL ESTATE FUND** 

**Class A Shares (GIREX), Class C Shares (GCREX), Class I Shares (GRIFX),** 

**Class L Shares (GLREX), and Class M Shares (GMREX) of Beneficial Interest** 

**Supplement dated February 3, 2026 to the Prospectuses and Statements of Additional Information for** 

**Class A, Class C, Class I, Class L and Class M Shares, each dated February 1, 2026** 

This supplement (the "**Supplement**") revises the Prospectuses (each, a "**Prospectus**") and Statements of Additional Information (each, an "**SAI**") for Class A, Class C, Class I, Class L and Class M shares dated February 1, 2026, of Apollo Diversified Real Estate Fund (the "**Fund**"). Unless otherwise indicated, all other information included in each Prospectus and SAI that is not inconsistent with the information set forth in this Supplement remains unchanged. Unless otherwise defined herein, capitalized terms used in this Supplement shall have the same meaning as in each Prospectus and SAI, as applicable. Please review this important information carefully.

Effective as of the close of business on February 3, 2026 (the "**Effective Date**"), CenterSquare Investment Management LLC ("**CenterSquare**") will no longer serve as a sub-adviser to the Fund. As of the close of business on the Effective Date, Apollo Real Estate Fund Adviser, LLC, the Fund's investment adviser, will assume direct management of the portion of the Fund's assets previously managed by CenterSquare.

Accordingly, as of the close of business on the Effective Date, all references in each Prospectus and SAI to CenterSquare are hereby deleted in their entirety.

**This Supplement and each Prospectus and SAI for Class A, Class C, Class I, Class L and Class M Shares dated February 1, 2026, of the Fund provide relevant information for all shareholders. Each Prospectus and SAI of the Fund have been filed with the U.S. Securities and Exchange Commission and are incorporated by reference. These can be obtained without charge by calling the Fund at 1-888-926-2688 or by visiting www.apollo.com/adref.** 

**<u>Investors Should Retain This Supplement for Future Reference</u>**