KKR Acquires Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR) in Strategic Transaction
March 17, 2022
KKR, through a subsidiary (76KK), will acquire all of the outstanding shares of Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR) in an all-cash transaction valued at JPY230 billion (US$2 billion). Mitsubishi and UBS Asset Management (UBS-AM) are selling MC-UBSR, a leading Japanese real estate asset manager that manages the Tokyo Stock Exchange-listed REITs Japan Metropolitan Fund Investment Corporation (JMF) and Industrial & Infrastructure Fund Investment Corporation (IIF).
- Buyers
- KKR & Co. Inc., 76KK
- Targets
- Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR)
- Sellers
- Mitsubishi Corporation, UBS Asset Management (UBS-AM)
- Industry
- Real Estate
- Location
- Japan
- Transaction Type
- Buyout
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