KKR sells industrial properties worth over $560 million

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(Reuters) - U.S. private-equity firm KKR said on Monday it has completed the sale of an industrial property portfolio of 5 million square feet (465,000 ...

SaltWire's Atlantic regional weather forecast for October 2, 2023 | SaltWire - U.S. private-equity firm KKR said on Monday it has completed the sale of an industrial property portfolio of 5 million square feet for a total aggregate value of over $560 million.

Since the pandemic sparked a shift away from traditional brick-and-mortar stores and towards online shopping, retailers continue to have a high demand for industrial buildings like warehouses and logistic facilities.

 

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