Paris, 8 March, 2022- KKR, a leading global investment firm, announced today that KKR has renewed its strategic partnership with Tivoli Capital, the parent company of Newton Offices, to develop Newton Offices' new generation of offices across French regional cities.

Launched by Guillaume Pellegrin, founder of Tivoli Capital, Newton Offices offers fully privatized workspaces, ready-to-use offices, meeting rooms and co-working spaces, well-being and relaxation areas as well as concierge services. Building on the success of their first strategic partnership in 2018, KKR and Tivoli Capital plan to support Newton Offices' ambitions to have 25 sites and to recruit 100 people by 2025.

Newton Offices has so far opened five sites from 4,000 to 6,000 square meters situated in Marseille, Montpellier, Aix-en-Provence, Lille and Lyon. Five new sites are already under construction to create a total portfolio of nearly 65,000 square meters of office space in France. The forthcoming openings are scheduled in Marseille, Marcq-en-Baroeul and Nice in 2023, followed by Sophia-Antipolis and Limonest in 2024.

Guillaume Pellegrin commented: "Our offer aims to transform the office market in major metropolitan areas with exceptional workspaces rented on flexible terms. Today we are proud to announce the renewal of our strategic partnership with KKR with the goal of tripling the number of our sites by 2025. KKR's renewed support will enable us to accelerate our development in line with our purpose: to contribute to the local economy."

Mai-Lan de Marcilly, Director Real Estate at KKR, said: "Guillaume Pellegrin and his team have solid expertise in the acquisition, development and valuation of innovative real estate projects across French regions. By renewing this strategic partnership, we hope to consolidate our position as the French leader in new workplaces, with new sites specially designed to promote quality of life at work. With Tivoli Capital, we are also keen to prove that it is possible to offer high-quality buildings with environmental measures embedded into the strategy; each building aims for the best certifications (BREEAM Good, Very Good, Ecovallée Qualité, etc.), sustainable wood produced locally, and highly efficient energy performance".

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website atwww.kkr.comand on Twitter @KKR_Co.

About Tivoli Capital

Created by Guillaume Pellegrin in Marseille in 2012, Tivoli Capital is a real estate investor specializing in regional markets. With recognized expertise in the revitalization of cities and their territories, the company has developed more than 300,000 sqm and completed more than €700 million in transactions alongside partners such as Caisse des Dépôts, CEPAC, Carlyle, Covivio and Primonial.

More information:tivoli-capital.com

About Newton Offices

Created by Guillaume Pellegrin, founder of Tivoli Capital, Newton Offices offers fully privatized workspaces, ready-to-use offices, meeting rooms and co-working spaces, well-being and relaxation areas as well as concierge servicesthat facilitate office life. A concept that meets the new needs of companies of all sizes, who are now looking for flexibility, comfort and productivity for their work spaces. Newton Offices currently has 5 sites open in Marseille, Montpellier, Aix-en-Provence, Villeneuve d'Ascq and Lyon. 4 other buildings have already been purchased and 2 are under promise, bringing the Tivoli Capital / Newton Offices portfolio to approximately 65,000 sqm. Between now and 2025, Newton Offices will offer around 20 buildings in the largest cities in order to support French companies in their regional development.

More information:newtonoffices.com

Media Contacts

KKR France:

Finsbury Glover Hering

Xavier Mas

Telephone: +33 7 71 95 69 60

Email:xavier.mas@fgh.com

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KKR & Co. Inc. published this content on 08 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2022 10:50:08 UTC.