KKR Launches KREST to Offer Private Real Estate to Individual Investors | National Business
NEW YORK–(BUSINESS WIRE)–May 19, 2021–
KKR, a leading global investment firm, today announced the launch of KKR Real Estate Select Trust Inc. (“KREST” or the “Fund”), a continuously offered, registered closed-end fund. KREST intends to invest primarily in thematically-driven, income-generating commercial real estate, prime single tenant real estate and private real estate debt and preferred equity interests in the U.S., with a flexible mandate to invest globally, including developed markets in Europe and Asia.
“We are excited to offer individual investors access to income-producing private real estate investments with a new strategy and structure,” said Ralph Rosenberg, Chairman of KREST and Global Head of KKR…