10:13 AM EDT, 03/14/2024 (MT Newswires) -- KKR & Co ( KKR ) said it intends to continue acquiring real estate assets in Japan even if the country's central bank decides to raise interest rates for the first time since 2007, Bloomberg reported Thursday.

The Bank of Japan will hold its next policy meeting on March 18 and March 19.

Japan is now the company's main focus for real estate investments in Asia, and KKR is capable of spending as much as $1 billion on individual deals, Bloomberg reported, citing Ralph Rosenberg, KKR's global head of real estate.

Representatives for KKR did not immediately respond to a request for comment from MT Newswires.

(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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