Private equity giant KKR has announced they will take a stake in Mirastar, a European industrial and logistics developer.
“Logistics real estate continues to be an attractive market for KKR, despite the challenges of the current market environment, with strong investment fundamentals and future growth drivers. We look forward to building on our existing relationship with Mirastar to leverage these trends, investing in the continued supply of high-quality assets to meet the growing tenant demand evident across Europe and further building KKR’s footprint in European logistics.”
Guillaume Cassou, Partner and Head of European Real Estate at KKR
Industrial and logistic assets have secular tailwinds behind them including the shift to e-commerce which has proven especially important in the current environment.