Kohlberg Kravis Roberts (KKR), is making its next move in the Korean commercial real estate market. KKR has Korea as the cornerstone for its Asian real estate business. KKR 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. Then in 2017, KKR developed a logistics warehouse in Pyeongtaek, and in 2018 invested in the redevelopment of the Renaissance Hotel site that would become Centerfield. Based on these achievements in Korea, KKR created an Asian real estate fund and used this fund to invest in several assets, including Namsan Square, Coupang Logistics […]