Kohlberg-Kravis-Roberts (KKR) is about to make its next move in the Korean commercial real estate market. KKR has Korea as the cornerstone for its Asian real estate business. In the Asian market, KKR has the majority of its assets in Japan, but it began its full-fledged investment into the Asian markets in Korea. Its first commercial real estate investment in Korea was the 2014 Gwanghwamun The K Twin Tower. It utilized proprietary trading for investment as there were no real estate funds available. KKR’s first investment was a success when K Twin Tower was sold. The asset was acquired for KRW 20 million per 3.3 square meters, the highest […]