KKR steps up Asia Pacific real estate push with new hire

The US investment firm recruits from CLSA as it joins the drive to scout for attractive property across Asia.

KKR said on Thursday it has named John Pattar as head of its real estate investment business across the Asia Pacific region.

Pattar joins KKR from real estate fund manager CLSA Capital Partners in Hong Kong, where he was the chief executive of CLSA Real Estate.

Pattar’s move comes at a time of growing interest in real estate from global institutional investors.
A survey in January by asset manager BlackRock found 42% of 224 of its institutional clients globally, representing $7.4 trillion in assets, plan to increase their allocation to deals in the private property sector in 2018 in the face of low interest...

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