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UK Property

Blackstone And KKR Home In On Two More UK Property Acquisitions

Two U.S. private equity firms look set to icrease their exposure to UK real estate. U.S. private equity houses have moved closer to making two major UK real estate acquisitions as KKR and Blackstone line up accepted bids for Assura and Warehouse REIT, respectively. The moves highlight increasing activity among private equity players in the UK and Europe as they hoover up multiple listed companies. KKR has won a takeover battle for NHS landlord Assura after raising its bid to £1.7B. Assura confirmed that it had reached an agreement on...