Weave Living and KKR to form a joint venture.

Weave Living, a vertically integrated owner/developer/operator of rental accommodation, and KKR, a private equity firm, to form a joint venture. Financial terms were not disclosed “We are excited to be working with KKR again following the success of our collaboration in South Korea. Having their endorsement for a second programmatic strategic partnership is a strong vote of confidence for what we have built at Weave Living, and the innovation we continue to bring to the rental housing sector in the region. We are thrilled to deepen our relationship with KKR and are aligned in our expectations for the development of the multi-family sector in Japan and throughout the Asia Pacific region. We welcome their support for our latest initiative and intend to grow this strategic partnership quickly.” He added, “Weave Living Japan Residential Venture I is the first in a series of Japan-focused vehicles that Weave Living intends to launch with our institutional capital partners as the country becomes our most prolific market by AUM in the coming years,” Sachin Doshi, Weave Living Founder and Group CEO.