KKR Acquires Portfolio Of Six Class A Industrial Logistics Properties In Major U.S. Gateway And Sunbelt Markets For Approximately $377M
Portfolio Pulse from Benzinga Newsdesk
KKR has acquired a portfolio of six Class A industrial logistics properties in major U.S. markets for approximately $377 million. The properties are fully leased and strategically located in key markets, enhancing KKR's warehouse acquisitions to nearly six million square feet this year.
August 19, 2024 | 8:17 pm
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KKR has expanded its real estate portfolio by acquiring six Class A industrial logistics properties for $377 million, increasing its total warehouse acquisitions to nearly six million square feet this year.
The acquisition of a fully leased, strategically located portfolio enhances KKR's real estate assets, likely boosting investor confidence and potentially leading to a positive short-term impact on KKR's stock price.
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