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New Deal


Announced

Completed

KKR completed the acquisition of three self-storage properties for $70m.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Completed

self-storage

Acquisition

Domestic

Private

Friendly

Majority

Private Equity

United States

Storage Terminals

Synopsis

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KKR completed the acquisition of three Class A self-storage properties for, $70m. “We are excited to expand our self-storage portfolio with the addition of these three high-quality properties, which deepen our presence in Atlanta and establish new foundations for growth in St. Petersburg and Washington D.C. We believe the self-storage sector has attractive long-term, through-cycle fundamentals and look forward to growing our footprint further in the space by investing in great properties located in markets with strong demand tailwinds," Ben Brudney, KKR Director in the Real Estate group.

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