KKR, Mirastar Complete Acquisition of UK Logistics Portfolio
MT newswire2026/09/22 09:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:05 AM EDT, 09/22/2026 (MT Newswires) -- KKR (KKR) and Mirastar, KKR Real Estate's industrial and logistics platform in Europe, have completed the acquisition of a portfolio of eight logistics properties in the United Kingdom, the companies said Tuesday. Acquired from Ares Real Estate funds, the portfolio comprises 2.7 million square feet across established logistics markets in the Midlands, Southeast and North of England, including Corby, Doncaster, Stoke-on-Trent and Milton Keynes, according to KKR. The portfolio is fully occupied, with a weighted average lease term to break of nine years, the companies said. About 60% of the rent roll is derived from investment-grade tenants or subsidiaries of investment-grade parent companies, it added.
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