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Weave Living and KKR Establish Strategic Partnership to Invest in Multi-family Assets in Japan

Weave Living and KKR Establish Strategic Partnership to Invest in Multi-family Assets in Japan

11/28/24, 2:02 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsalt lake city
Industry
hotel
hospitality
Type
partnership
Weave Living and KKR have announced the establishment of a strategic partnership in Japan, aiming to build a portfolio of over 3,000 residential units and investing in both newly built assets and existing assets with an initial focus on Tokyo and potential expansion to Osaka. The partnership aims to bring innovation and customer centricity to Japan’s rental housing ecosystem.

Company Info

Company
Weave Living and KKR
Location
salt lake city, utah, united states
Additional Info
Weave Living is a Hong Kong-based company and KKR is a US-based investment firm. Together, they have acquired Seoul's State Sunyu Hotel for the purpose of transforming it into a flagship Weave Suites facility in Seoul. They aim to build a portfolio of 1,200 units in South Korea, with a focus on Seoul.