KKR completed the acquisition of MC-UBSR, one of the largest real estate asset managers in Japan, from Mitsubishi, a Japanese multinational automobile manufacturer, and UBS Asset Management, a large scale investment manager, for $2bn. “We are pleased to welcome this world-class team to KKR. They have built a premier asset management platform in Japan’s REIT market, and we look forward to supporting their growth and success over a long-term horizon,” Hiro Hirano, KKR Co-Head of Asia Pacific Private Equity.