KKR, Mirastar buy four UK logistics assets from PLP for about £170 million - KKR News | RalliesKKR, Mirastar buy four UK logistics assets from PLP for about £170 million
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KKR• KKR and Mirastar acquire UK logistics portfolio
- KKR, via its Mirastar platform, bought a portfolio of four UK logistics assets from PLP for about £170 million.
- The portfolio totals 1.25 million square feet across established markets in the West Midlands, North West and Yorkshire.
- The assets are fully let and carry a 10-year weighted average lease term to break; about 60% of rent comes from investment-grade parent tenants.
- Rooftop solar is installed across all sites, BREEAM ratings range from Excellent to Very Good, and EPC ratings are A.