KKR Acquires New Industrial Properties and Increases Real Estate Industrial Portfolio
New Investments Grow Portfolio to More than Eight Million Square Feet
The properties are located in
“Given the continued strength of industrial supply-demand fundamentals, we believe infill, multi-tenant assets like these will experience strong rent growth, and we are excited to be adding them to our growing industrial portfolio,” said
KKR is making the investment through its Real Estate Partners Americas Fund II.
Since launching a dedicated real estate platform in 2011, KKR has invested or committed over
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about
Kristi Huller or Cara Major