(RTTNews) - Global investment firm KKR & Co. Inc. (KKR) said that along with Mirastar, KKR Real Estate's European industrial and logistics platform, it has acquired a 2.7-million-square-foot portfolio of eight UK logistics assets from Ares Real Estate funds. The company said that the portfolio includes modern, high-quality properties in established distribution markets across the Midlands, South East and North of England, including Corby, Doncaster, Stoke-on-Trent and Milton Keynes. The assets have the benefit of strong connectivity to major population centres and key transport hubs. According to KKR, the portfolio is fully occupied, with a weighted average lease term to break of nine years and a diversified tenant base.
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