'This is the moment to act': KKR, Blackstone and the race to snap up UK REITs

American private equity has been storming into the UK-listed property sector this month with a series of takeover bids.

On Monday, KKR and New York-based Stonepeak intensified their pursuit of London-listed healthcare real estate investment trust Assura, with the two managers advancing a £1.6 billion ($2.1 billion; €1.9 billion) cash offer.

Meanwhile, Blackstone and Sixth Street sweetened their offer for London-based Warehouse REIT with a £470 million bid that was again rebuffed by the industrial investor. And on Tuesday, US-listed nursing home investor CareTrust REIT struck an $817 million agreement to acquire UK-listed Care REIT.

What do these three developments, each of which involve US investors hunting publicly traded UK sector specialists, say about the state of the global real estate investment market? Listen as Jonathan Brasse, Evelyn Lee and Randy Plavajka break it all down on the latest episode of The PERE Podcast.