02:28 PM EDT, 04/02/2025 (MT Newswires) -- KKR (KKR) is nearing a deal to sell its Spanish real estate management company Hipoges Iberia to Pollen Street Group, Bloomberg reported Wednesday, citing people familiar with the matter.

The reported cautioned that discussions are ongoing and KKR may opt to abandon the deal or select another investor.

J.C. Flowers, Italy-based DoValue, and Arrow Global Group are among the suitors for the real estate management firm, which could be valued at about 120 million euros ($130.2 million), the report said.

Representatives from KKR and Pollen Street declined comment to Bloomberg.

KKR shares were up 1.5% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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