Weave Living and Kohlberg Kravis Roberts (KKR), which have joined hands for investment in Korean rental housing, are acquiring their third asset in Seoul. This time, it is a rental housing asset located in Gangnam. This is the partnership’s first investment in rental housing in Gangnam. Weave Living and KKR announced in March of last year that they would form a joint venture (JV) to build a rental housing asset portfolio of approximately 1,200 units in Korea. The JV subsequently acquired The State Seonyu Hotel located in Seonyudo, Seoul, securing its first business site, and after remodeling, launched Weave Suite Parkside with 157 rooms at the end of […]