KKR Invests $475 Million in Campus Point Joint Venture With Alexandria Real Estate
Bitget2026/10/28 11:04- KKR-advised capital accounts invested $475 million in a joint venture with Alexandria Real Estate Equities involving its Campus Point campus in San Diego.
- The investment acquired a 49% noncontrolling equity interest in Alexandria's investment entity, representing approximately 28.5% indirect ownership in the underlying joint venture.
- Alexandria retains control of the underlying joint venture and will continue overseeing campus operations and development.
- Proceeds provide flexible, long-term capital for continued development, leasing and property enhancements at the nearly 2 million-square-foot life science campus.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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