KKR and Mirastar purchased a £110M UK logistics portfolio from PLP for e-commerce investment.

KKR and Mirastar have purchased a UK logistics portfolio from PLP for £110 million. The portfolio, comprising five properties in Salford, Liverpool, Crewe, and Sheffield, totals 890,364 square feet and is 80% leased with a ten-year average lease term. This acquisition reflects KKR's strategy to invest in high-quality, strategically located assets in Europe, driven by the growing demand for logistics real estate amid the e-commerce boom.

September 03, 2024
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