Buying Complexity and Selling SimplicityRalph Rosenberg, Member and Head of KKR Real Estate, explains the evolution and strategy of Real Estate investing at KKR. February 2017.
KKR’s Real Estate business’ mandate is to make control or influence investments and transactions across the capital structure. Up until relatively recently, we pursued real estate opportunities through our private equity strategy. In 2011, we made a decision to build a high-quality, dedicated real estate investment team within our company, and as of September 30, 2016, our team consists of approximately 45 dedicated investment professionals who leverage resources throughout KKR. Access to KKR Private Equity, KKR Credit, KKR Capital Markets, the KKR Global Institute, KKR Global Macro and Asset Allocation, and KKR Public Affairs, provides far greater resources to source, analyze and execute real estate transactions and address the needs of our clients.
Sourcing, Information, Execution
We specifically target real estate opportunities—including property-level equity, debt, special situations transactions and businesses with significant real estate holdings—that can benefit from KKR’s deep, longstanding global relationships, access to proprietary information, financial structuring and capital markets capabilities and real estate operational expertise. We focus on investment opportunities where we have differentiated insights and/or relationships, and where we believe we can add value. As a leading global investment firm with significant experience in financial markets, we have the resources and global network of professional relationships to make us a partner of choice.