KKR Launches KREST to Offer Private Real Estate to Individual Investors
May 19, 2021Delivers access to income-oriented private real estate equity and debt investments managed by KKR
Innovative structure is open to all investors and allows for daily subscriptions via a ticker
“We are excited to offer individual investors access to income-producing private real estate investments with a new strategy and structure,” said
Since the launch of its dedicated real estate platform in 2011, KKR has grown its real estate assets under management to approximately
“Commercial real estate investments offer attractive diversification and risk-adjusted returns in today’s low interest rate environment,” said
KREST qualifies for tax treatment as a real estate investment trust (REIT) while also being registered under the Investment Company Act of 1940, as amended (the “1940 Act”). KREST’s innovative structure is open to all investors and is designed to address many of the pain points that have historically limited entry in private real estate. Compared to institutional funds, KKR has structured the Fund to be attractive to individual investors by providing increased transparency and accessibility. For example, KREST will offer daily reporting of net asset value (NAV), daily subscriptions via a ticker, anticipated quarterly tenders and monthly distributions and efficient REIT taxation with 1099 tax reporting.
“KREST is one of the first continuously offered, 1940 Act REITs to offer global reach in private real estate to individual investors,” said
KKR has invested in excess of
About KKR
KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The
Information related to KREST herein is qualified by reference to KREST’s prospectus, which is accessible on the SEC’s website at www.sec.gov. This is neither an offer to sell nor a solicitation of an offer to buy securities of KREST.
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Source: KKR
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