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Property

KKR to invest $1.7bn in Asia's data centers, warehouses and offices

Investment firm says pandemic is transforming region's real estate sector

KKR has a decade-long track record of investment in Asian real estate.   © Reuters

TOKYO -- U.S. private equity firm KKR sees a treasure-trove of investment opportunities in a "transformed" Asia-Pacific real estate sector, as consumers increase e-commerce shopping and work from home amid the pandemic.

On Thursday, the company announced the closing of its first pan-Asia-Pacific real estate fund that has raised $1.7 billion from investors.

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