KKR to acquire Japanese real estate manager Mitsubishi-UBS Realty for $2b

KKR to acquire Japanese real estate manager Mitsubishi-UBS Realty for $2b

Japanese yen. Photo from Pixabay.com

Global alternative management firm KKR is acquiring all shares of Japanese real estate asset manager Mitsubishi Corp-UBS Realty Inc (MC-UBSR) from Mitsubishi and UBS Asset Management (UBS AM), for 230 billion yen ($2 billion).