KKR and Urban Exposure platform targets ‘underserved’ UK housing

The firms aim to address a ‘shortage of debt capital’ in mainstream residential developments with their joint venture vehicle, which has an initial size of £165m.

Investment firm KKR and UK residential development finance provider Urban Exposure have formed a joint venture to finance mainstream housing across the UK.

The partnership has launched a £165 million (€185 million) lending platform, with KKR contributing capital from its credit funds, which currently have assets under management of $60.7

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