KKR blocks investors from cashing out of REIT amid redemption wave

KKR blocks investors from cashing out of REIT amid redemption wave

REUTERS/Brendan McDermid

Private equity firm KKR & Co Inc has blocked investors from cashing out of its $1.6 billion non-traded real estate income trust (REIT) after withdrawal requests exceeded pre-set limits, according to a regulatory filing.

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