Kennedy Wilson Europe Real Estate Plc Acquires 180 Property Portfolio in United Kingdom for £503M ($758M)
Business Wire - Mon Feb 02, 7:01AM CST
Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that Kennedy Wilson Europe Real Estate Plc, a property company listed on the London Stock Exchange (LSE: KWE) and sponsored and managed by Kennedy Wilson, has acquired a mixed use property portfolio of 180 properties located in the United Kingdom from Aviva Commercial Real Estate Finance, a subsidiary of Aviva Plc, the UK's largest insurer, in a transaction totaling approximately £503 million ($758 million). KWE has closed the acquisition of 163 of the 180 properties, with a value of approximately £444 million ($669 million), and the remaining 17 properties in the portfolio are expected to close subject to certain conditions.
KW: 27.50 (+0.25)
CBRE Hotels Sell Prestigious Fairmont St Andrews Golf Resort At Scotland's "Home Of Golf"
M2 - Wed Aug 20, 2:47AM CDT
CBRE Hotels is pleased to confirm that the Fairmont St Andrews Hotel and Golf Resort, Scotland, has been sold for approximately GBP32.4m to Kennedy Wilson Europe Real Estate Plc.
CBG: 34.96 (-0.17)
Kennedy Wilson Acquires 542-Unit Multifamily Community in Northern California for $96.5M
Business Wire - Tue Jul 01, 7:32AM CDT
Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that the company acquired Kirker Creek Apartments, a 542-unit multifamily community in Pittsburg, California, for $96.5 million. Kennedy Wilson invested $21.2 million of equity in the transaction, including closings costs and the initial capital expenditure budget, and secured a $77.2 million ten-year loan from Fannie Mae at 3.78% with interest only for five years.
KW: 27.50 (+0.25)
Kennedy Wilson Europe Real Estate plc Completes Acquisitions of Property Portfolios in U.K. and Ireland Totaling Approximately Lira685M ($1.2B)
Business Wire - Fri Jun 27, 7:01AM CDT
Global real estate investment and services firm Kennedy Wilson (NYSE: KW) today announced that Kennedy Wilson Europe Real Estate plc (LSE: KWE), an investment vehicle sponsored and managed by Kennedy Wilson, has acquired the Fordgate Jupiter Portfolio in the U.K., the Central Park and Opera property portfolios in Ireland and the Liffey Trust Building in Dublin for an aggregate consideration of approximately £685 million (including approximately £202 million of assumed non-recourse debt).
KW: 27.50 (+0.25)