KKR: acquires 5 logistics assets in UK
(CercleFinance.com) - KKR and Mirastar have acquired a logistics portfolio in the UK, comprising five assets totaling 82,800 m2, for an undisclosed sum.
The assets are located in the North West of England and Yorkshire, and are 80% leased, with an average lease term of 10 years. They have BREEAM Very Good certifications and EPC A+ ratings.
Seb D'Avanzo, Managing Director and Head of European Real Estate Acquisitions at KKR, said the strategic acquisition reinforced KKR's commitment to investing in prime logistics assets in key European markets.
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