Global alternative investment firm Kohlberg Kravis Roberts & Co. (KKR) has appointed John Pattar as head of its real estate business in Asia Pacific.
Pattar will work alongside KKR’s regional investment teams and leadership to source attractive real estate investment opportunities across Asia Pacific, KKR said in a release.
He will also assist Asian clients in partnering with KKR to access real estate opportunities globally.
Ralph Rosenberg, head of KKR Real Estate, said Asia Pacific is a crucial part of the firm’s global real estate strategy given the attractive growth and demographic drivers in the region.
Ming Lu, head of KKR Asia, said there is a wide-ranging need for financing and restructuring solutions for properties across the region and for assisting corporations in unlocking the value of their real estate portfolios.
In his previous job, Pattar was chief executive officer at CLSA Real Estate, a pan-Asia real estate investment platform.
CLSA Real Estate is part of Hong Kong-based asset management firm CLSA Capital Partners.
Pattar joined CLSA Capital Partners in 2004 as managing director to lead Fudo Capital, a property fund specifically targeting direct investment in real estate in Asia-Pacific.
Pattar has nearly three decades of real estate investment and management experience, KKR said. He graduated in law from King’s College, University of London, and is a fellow of the Royal Institution of Chartered Surveyors.
As on 31 March 2018, KKR had committed around $2 billion in equity and debt across more than 40 real estate transactions in Asia Pacific since 2011, according to the release.
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