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Announced

Completed

KKR completed the acquisition of the Denmark assets of PBSA from TPG Angelo Gordon.

Synopsis

KKR, a global investment firm, completed the acquisition of the Denmark assets of Purpose-Built Student Accommodation from TPG Angelo Gordon, a diversified credit and real estate investing platform. Financial terms were not disclosed. “We are delighted to announce this acquisition which builds on our ambitions in Nordic real estate, following our recent investments in Finland, Denmark and Sweden. The PBSA assets in Copenhagen are significantly high-quality and well-amenitised to uniquely serve the strong student population in the city. We look forward to continuing to build a sizeable housing portfolio in the coming years, capitalising on Copenhagen’s favourable supply and demand dynamics,” Alexander Thams, KKR Director and Head of Nordics Real Estate.

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