KKR, PAG to buy Sapporo Real Estate for $3B as Japan embraces private equity

Group 1 - A consortium led by private equity firms KKR and PAG has agreed to acquire Sapporo Holdings' real estate subsidiary in a deal valued at approximately $3 billion [1] - This transaction represents another significant move in the ongoing trend of private equity firms investing in real estate assets [1] - The acquisition highlights the growing interest of private equity in the real estate sector, particularly in high-value assets [1]