Acquisition Expands KKR’s Industrial Real Estate Footprint to 30 Million Square Feet
The newly acquired Portfolio consists of primarily multitenant industrial assets in attractive infill submarkets and is complementary to KKR’s existing footprint in the major markets of
“This acquisition is an important milestone for our business as we continue to invest behind the strong demand fundamentals for warehouses that we see across the country,” 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 grown real estate AUM to approximately
About KKR
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, 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
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Source: KKR