KKR Boosts Data Center Portfolio With $1.5 Billion Global Technical Realty Stake

Core Viewpoint - KKR & Co. Inc. is facing downward pressure on its stock price despite announcing a significant investment in Global Technical Realty, indicating potential market concerns about the company's financial strategies and performance [1][2]. Investment Details - KKR disclosed an additional $1.5 billion equity investment in Global Technical Realty (GTR), a European data center platform, with Oak Hill Capital committing approximately $400 million as a new investor [1]. - The investment is primarily financed through KKR's Global Infrastructure Strategy, which has allocated around $34 billion in digital infrastructure across 24 investments and over $20 billion in power and renewables [2]. Portfolio and Market Expansion - KKR's portfolio includes five data center platforms across the U.S., APAC, and EMEA, with a development pipeline of 12 GW, 12 fiber platforms serving nearly 30 million homes, and over 130,000 wireless sites across Europe and APAC [3]. - The new investments will support GTR's expanding development pipeline, focusing on new greenfield projects and market expansion in Europe, driven by increasing demand for AI-ready, high-density data center and cloud infrastructure [3]. Recent Acquisitions - KKR completed a major real estate acquisition in South Korea, acquiring the Cheongna Logistics Center in Incheon, and announced a $220 million growth investment in Premialab, a provider of data, analytics, and risk management solutions for quantitative investing [4]. Stock Performance - KKR shares are currently down 1.99%, trading at $133.09 at the time of publication [4].