KKR & Co. has bought a 5.35 percent stake in London developer Great Portland Estates, according to a regulatory filing, dated Sept. 25.
The sales price was estimated to be £74.3 million (€81.9 million/$94.7 million), which makes KKR the sixth-largest holder of Great Portland, according to data compiled by Bloomberg. The London-based company is now valued at £1.5 billion pounds (€1.87 billion/$1.93 billion).
