KKR launches 40 Act REIT

KKR launched its first private real estate offering that allows for daily subscriptions via a ticker.

The KKR Real Estate Select Trust, or KREST for short, will invest in thematically driven, income-generating commercial real estate, prime single tenant real estate and private real estate debt and preferred equity interests in the U.S. The fund also has a flexible mandate to invest in other markets including Europe and Asia.

KKR Real Estate's Ralph Rosenberg (provided)

KKR’s real estate assets have grown to $28 billion since the 2011 launch of the dedicated platform . . .

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