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

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.