Capital accounts advised by KKR will provide the 528 million euro investment to secure the minority interest, while Realty Income holds the remaining 51% share. Under the terms of the agreement, Realty Income will maintain operational control and oversight of the assets. The portfolio consists of 54 distinct properties located throughout Spain, Ireland, Poland, and the Netherlands, housing a diverse range of industrial and commercial tenants. Both parties anticipate finalizing the transaction by September 30.
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KKR and Realty Income Launch European Real Estate Joint Venture
A strategic partnership between KKR and Realty Income will see the investment firm acquire a 49% stake in a portfolio of net lease assets across Europe. The transaction, valued at 528 million euros, signals a deepening commitment to the region’s commercial property market through a shared ownership structure.
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