KKR Pays $608M for 51% Stake in Realty Income European Net-Lease Portfolio

Private equity giant KKR is taking a substantial stake in a European net-lease portfolio run by a prominent U.S. real estate investment trust (REIT). KKR announced Monday it has formed a joint venture with Realty Income — a publicly traded REIT specializing in net-lease properties — in which the private equity firm will make a […]