KKR Acquires $1.64B Student Housing Portfolio

29 Apr 2024 CW Team

KKR, a leading investment firm, has finalised the acquisition of a $1.64 billion student housing portfolio from Blackstone's real estate investment trust (REIT). This strategic move reflects KKR's continued expansion into the real estate sector and underscores its confidence in the long-term growth potential of the student housing market.

The acquisition of the student housing portfolio demonstrates KKR's commitment to diversifying its investment portfolio and capitalising on attractive opportunities in the real estate sector. With the demand for student accommodation on the rise, particularly in key education hubs, the acquisition aligns with KKR's investment strategy to target high-growth sectors with strong fundamentals.

The student housing portfolio acquired by KKR encompasses a diverse range of properties located in strategic locations across the country. These properties are expected to generate stable cash flows and offer significant potential for value creation through strategic asset management and operational efficiencies.

KKR's acquisition of the student housing portfolio marks a significant milestone in the company's real estate investment journey and further strengthens its presence in the global property market. By leveraging its expertise and resources, KKR aims to enhance the quality and performance of the acquired assets, ultimately delivering value to investors and stakeholders.

As the demand for student housing continues to grow, KKR's strategic investment in this sector positions the company to capitalise on emerging trends and opportunities in the evolving real estate landscape. The acquisition underscores KKR's confidence in the resilience and long-term viability of the student housing market, driving sustainable growth and value creation for its stakeholders.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..