KKR and Mirastar completed the acquisition of five asset UK logistics portfolio from PLP for £110m.

KKR, a global investment firm, and Mirastar, a European real estate platform, completed the acquisition of five asset UK logistics portfolio from PLP, a specialist UK logistics and industrial property development company, for £110m. “PLP continues to leverage third-party institutional capital across its flagship managed venture series and a number of separate managed accounts, to acquire and develop the next generation of prime logistics assets across major UK markets,” Neil Dickinson, PLP CIO.