KKR Sells $560M In Industrial Assets, Keeps Focus On Logistics In ...

KKR Sells $560M In Industrial Assets, Keeps Focus On Logistics In ...

KKR & Co Inc announced the sale of over 5 million square feet of industrial warehouse and distribution assets for more than $560 million. The divestiture was completed through five separate transactions with five buyers. The assets sold include over 50 industrial buildings in high-growth markets. KKR has sold a total of 21 million square feet of assets in 2021 and currently owns over 40 million square feet of industrial real estate. The company continues to selectively acquire logistics properties in growth markets. KKR shares are trading higher at $62.55.

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Frequently Asked Questions - KKR Sells Industrial Assets

Q: What did KKR sell in terms of industrial assets?

A: KKR sold $560 million worth of industrial assets.

Q: What is KKR's focus now?

A: KKR is currently focusing on logistics.

Q: Where can I find more information about KKR's sale of industrial assets?

A: To find more detailed information, it is recommended to visit the Benzinga website.

Q: Can I conduct a targeted search for specific information?

A: Yes, you can conduct a more targeted search using the provided keywords to find the specific information you are looking for.