The Asymptotic Equipartition Property (AEP) in information theory establishes that independent and identically distributed (i.i.d.) states behave in a way that is similar to uniform states. In particular, with appropriate smoothing, for such states both the min and the max relative entropy asymptotically coincide with the relative entropy. In this paper, we generalize several such equipartition properties to states on general von Neumann algebras. First, we show that the smooth max relative entropy of i.i.d. states on a von Neumann algebra has an asymptotic rate given by the quantum relative entropy. In fact, our AEP not only applies to states, but also to quantum channels with appropriate restrictions. In addition, going beyond the i.i.d. assumption, we show that for states that are produced by a sequential process of quantum channels, the smooth max relative entropy can be upper bounded by the sum of appropriate channel relative entropies. Our main technical contributions are to extend to the context of general von Neumann algebras a chain rule for quantum channels, as well as an additivity result for the channel relative entropy with a replacer channel.