KKR closes Asia real estate fund with $1.7bn

KKR has closed its inaugural pan-Asian real estate fund with $1.7 billion on the heels of its blockbuster Asia-Pacific infrastructure fund closing this month at $3.9 billion.

KKR Asia Real Estate Partners (AREP) is focused on opportunistic real estate investments in the Asia-Pacific region. The real estate platform is integral part of the firm’s $14 billion in AUM and is set to rely on equity and debt in both emerging and developed . . .

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