Kennedy Wilson Europ (KWERF) 16.1000 $KWERF
Kennedy
Kennedy Wilson Europ (KWERF) 16.1000 $KWERF
Kennedy Wilson Europe Real Estate Plc Acquires 180 Property Portfolio in United Kingdom for £503M ($758M)
BusinessWire - 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: 21.00 (-0.25)
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