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By Megan CheahKKR-managed funds have completed the sale of 16 hotels in Japan, seeking to reposition the portfolio amid growing demand for accessible accommodation in the Asian country.The portfolio of hotels under the Four Points Flex by Sheraton brand, was sold to a global institutional investor…
KKR said funds it manages sold a portfolio of 16 hotels in Japan operating under the Four Points Flex by Sheraton brand to a global institutional investor. Terms were not disclosed; KJRM will continue as asset manager and K+ Hospitality will operate the hotels.Material DetailsContext by AI AnalystT…
Global investment firm KKR today announced that funds managed by KKR have completed the sale of a portfolio of 16 hotels across Japan operating under the Four Points Flex by Sheraton brand to a leading global institutional investor.Located in 11 cities across major tourist destinations such as Grea…