KKR Real Estate Partners Americas III fund and KKR & Co. Inc. (NYSE:KKR) acquired Park 8Ninety from Artis Real Estate Investment Trust (TSX:AX.UN) for approximately $230 million on July 15, 2024. Proceeds from the sale of Park 8Ninety will be used to reduce overall debt.

KKR Real Estate Partners Americas III fund and KKR & Co. Inc. (NYSE:KKR) completed the acquisition of Park 8Ninety from Artis Real Estate Investment Trust (TSX:AX.UN) on July 15, 2024.