KKR Unit to Boost Buying in $2.8 Trillion Japan Property Market

KKR & Co.’s Japan real estate management subsidiary plans a “big expansion” in purchases of properties that companies want to sell off, a market the firm estimates is as big as ¥450 trillion ($2.8 trillion), the unit’s head said.

Japanese companies are facing pressure from policymakers and investors to divest non-core assets including real estate, and KJRM Holdings says it sees profit potential there. The KKR unit’s real estate holdings jumped 20% to about ¥2.53 trillion in 2025, among the biggest in Japan, according to KJRM Holdings’ president, Naoki Suzuki.