KKR to keep buying Japan real estate even after BoJ raises rates

KKR has the capacity to spend anywhere from US$20mil to more than US$1bil on individual deals. — Bloomberg

KKR & Co plans to keep buying real estate assets in Japan even if the central bank raises interest rates for the first time since 2007.

Japan is now the alternative asset manager’s main focus for property in Asia, and KKR has the capacity to spend anywhere from US$20mil to more than US$1bil on individual deals, says Ralph Rosenberg, the US firm’s global head of real estate.