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KKR invests in single-tenant commercial property in US

It takes a stake in Drawbridge Realty, which manages real estate for companies

Seattle

KKR & Co made its first investment in single-tenant commercial real estate, a market in which US$50.8 billion of US properties changed hands last year, by taking a stake in closely held Drawbridge Realty.

The funds will help San Francisco-based Drawbridge expand