KKR to Buy Japan Real Estate Even After BOJ Raises Rates
- Japan market is ‘pretty exciting,’ Rosenberg says in interview
- BOJ policy is likely to stay accommodative, helping spreads
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KKR & Co. plans to keep buying real estate assets in Japan even if the central bank raises interest rates for the first time since 2007.
Japan is now the alternative asset manager’s main focus for property in Asia, and KKR has the capacity to spend anywhere from $20 million to more than $1 billion on individual deals, said Ralph Rosenberg, the US firm’s global head of real estate.