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Healthcare Realty Trust Inc. has entered into a strategic joint venture relationship with KKR to jointly own and invest in medical outpatient buildings. Healthcare Realty expects to receive about $300 million for the contribution of a seed portfolio to the joint venture and will partner with KKR to explore additional acquisitions, including the potential contribution of more Healthcare Realty assets. Under the terms of the current agreement, Healthcare Realty will contribute to the joint venture 12 properties valued at $382.5 million, representing a cap rate of about 6.6 percent. For its part, KKR will make an equity contribution to the joint venture equal to 80 percent of the assets’ aggregate value.