May 21, 2024

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Truly Business

Tom Lee Joins KKR Authentic Estate Staff in Sydney

3 min read

SYDNEY–(Business WIRE)–International expenditure company KKR these days announced the appointment of Tom Lee as Running Director and Head of Australia and New Zealand Genuine Estate, powerful May well 3, 2021. In the function Mr. Lee will be accountable for KKR’s genuine estate system throughout Australia and New Zealand, and will play a significant leadership part in increasing KKR’s genuine estate methods across the Asia location. He will also be a part of the KKR Asia Serious Estate Investment Committee.

“Tom’s demonstrated true estate observe history and world business working experience make him the perfect healthy to guide our Australia and New Zealand serious estate crew. Tom has a one of a kind skillset as an investor, operator and platform builder,” explained John Pattar, Head of Asia Pacific Genuine Estate at KKR. “The current near of our Asia Actual Estate Fund drastically expands KKR’s posture as a major different capital provider across asset classes, and we additionally search forward to working with Tom to also build a pan-Asian main and core-furthermore true estate system to satisfy the demand from customers for significant-excellent true estate all over the location.”

“We are thrilled to have an investment expert of Tom’s caliber sign up for our Australia group,” mentioned Scott Bookmyer, Head of KKR Australia. “Australia and New Zealand’s real estate markets are getting reshaped and modernized. Tom’s addition to our senior team opens up new and exciting methods for KKR to take part constructively in this evolution.”

Mr. Lee was most not too long ago CEO of LOGOS, a logistics authentic estate investment decision manager with functions throughout Asia Pacific. Prior to that, Mr. Lee held senior roles at BlackRock, MGPA and Lendlease in Asia, Europe, US and Australia.

“KKR is one of the most revered serious estate buyers in the world and the flexible method as a option supplier boosts our function as a husband or wife of decision in just authentic estate and the broader corporate sector,” explained Mr. Lee. “I look forward to doing the job together with John, Scott and the firm’s proficient investment decision experts as we carry out KKR’s strategy in Australia, New Zealand and across Asia Pacific.”

KKR’s Asia Pacific actual estate platform invests in property and platforms, making use of fairness and credit card debt in the two emerging and designed markets. KKR has deployed far more than US$1.5 billion (A$2 billion) of equity in Asia Pacific across somewhere around 20 genuine estate transactions because 2011, which include investments in mixed use, business, industrial, resort, business office and retail houses.

Australia is a critical aspect of each KKR’s authentic estate and Asia Pacific expense strategies. KKR has been investing in the Australian industry because 2006, and given that then, has invested or dedicated much more than US$7 billion (A$9 billion) of fairness into high-caliber companies throughout asset courses like authentic estate, private fairness and credit. KKR has invested in somewhere around 10 true estate assets in Australia and New Zealand considering that 2014. In the marketplaces, the Organization seems to be for possibilities to reposition and revitalize industrial belongings, in addition to investing in combined-use and lodging houses in inner metropolitan locations.

Mr. Lee’s appointment is the newest addition to KKR’s Australia staff throughout business techniques. The latest senior appointments incorporate Ben Hall as Taking care of Director and Head of Credit score, Nicholas Hyde as Taking care of Director of the Consumer & Associate Group, Michael Robson as Running Director of KKR Capstone, and Andrew Jennings as Director of KKR’s Infrastructure organization in the marketplace.

About KKR

KKR is a major world-wide investment agency that presents different asset management and capital marketplaces and insurance policy solutions. KKR aims to produce eye-catching financial investment returns by following a patient and disciplined expenditure technique, using world-course men and women, and supporting development in its portfolio corporations and communities. KKR sponsors expense cash that make investments in private equity, credit rating and genuine assets and has strategic companions that take care of hedge funds. KKR’s insurance policy subsidiaries supply retirement, lifestyle and reinsurance merchandise less than the management of The World Atlantic Financial Team. References to KKR’s investments may well consist of the actions of its sponsored funds and insurance subsidiaries. For additional data about KKR & Co. Inc. (NYSE: KKR), make sure you pay a visit to KKR’s internet site at www.kkr.com and on Twitter @KKR_Co.

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