KKR & Co. (NYSE:KKR) inked a deal with WEAVE LIVING to create a strategic partnership to invest in rental housing assets in South Korea, mainly Seoul.
The strategic collaboration targets the creation of a rental housing asset portfolio of around 1,200 units.
This deal marks the KKR’s first investment program in the rental housing sector in South Korea, boosting its platform in Asia Pacific.
As per the terms, KKR will hold a majority stake in the strategic alliance, while WEAVE will hold the remaining minority stake and will provide management services to ...
market With WEAVE LIVING: A Strategic Move For 1,200 Units>Full story available on Benzinga.com