KKR blocks REIT withdrawals in latest redemption wave
By Chibuike Oguh NEW YORK (Reuters) – Private equity firm KKR & Co Inc has blocked investors from cashing out of its $1.6 billion non-traded real estate income trust (REIT) after withdrawal requests exceeded pre-set limits, according to a regulatory filing. KKR is the latest manager of private REITS to limit investor withdrawals following similar …
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