No Ad
No Ad

Private equity giant KKR's bet on Aussie housing market goes each way


David Fickling, The Sydney Morning Herald

Did private equity giant KKR just go long Australian housing, betting home prices will continue to rise? Not quite.

The US firm's $676 million takeover offer for non-bank mortgage lender Pepper Group - announced last month and accepted by Pepper's board on Thursday - certainly looks like a bet that some of the world's least-affordable housing markets can keep on growing, despite eye-popping prices and rising mortgage delinquencies.

Go to The Sydney Morning Herald and read the full story.

The Sydney Morning Herald
Share this article Twitter Facebook Email


Post a Comment

Name (optional):
Email Address (optional):
Captcha Image
Your Comment: