KKR merges infrastructure and real estate businesses
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KKR announced the merger of its infrastructure and real estate businesses to improve project participation efficiency. After the merger, Raj Agrawal will serve as the head of the new business, managing total assets of $127 billion, including $80 billion in real estate projects and $77 billion in infrastructure projects. The former head of the real estate business, Ralph Rosenberg, will serve as the chairman of the real estate business, continuing to handle related transactions. Analysts believe this move indicates that KKR views real estate and infrastructure as integrated projects, especially in areas such as data centers and logistics centers
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