.
MergerLinks Header Logo

New Deal


Announced

Completed

KKR & Co completed the acquisition of five self-storage properties for $98m.

Financials

Edit Data
Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Single Bidder

Third Party Logistics (3PL)

Friendly

storage properties

Majority

Real Estate

Acquisition

Completed

United States

Domestic

Private Equity

Synopsis

Edit

KKR & Co completed the acquisition of five self-storage properties totaling approximately 4.1k units for $98m. “We continue to expand our portfolio of high-quality self-storage properties across Sunbelt markets that are experiencing strong population growth and in-migration. We track sector fundamentals closely and believe these assets are located in submarkets that are well positioned to benefit from outsized demand over the medium to long term," Ben Brudney, KKR Director in the Real Estate Group.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US