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Report: KKR taps CBRE for A$800M sale of property portfolio in Australia

KKR & Co. appointed CBRE Group Inc. to help market the property portfolio of Australian biscuit maker Arnotts Biscuits Holdings Pty. Ltd., The Australian Financial Review's Street Talk reported, citing unnamed sources.

The portfolio being marketed as part of an A$800 million sale-and-leaseback deal is expected to pique the interest of Charter Hall Group, as well as other Australian property managers, according to the Sept. 4 report.