KKR: acquisition of two rental properties
Alameda and Beton, to be completed in 2019 and 2020 respectively, comprise 490 BtR units across two buildings and around 40,000 sq. ft. (approx. 3,700 sq. m) of retail and leisure space. The buildings are BREEAM 'Excellent' and WiredScore 'Platinum' rated.
KKR is making this investment through its European Core+ Real Estate strategy, which invests in 'high-quality, substantially stabilized assets with medium-term value growth potential'.
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