Kennedy Wilson Expands Global Debt Platform to $3 Billion With Launch of New European Partnership
Kennedy Wilson (NYSE: KW) has expanded its global debt platform to over $3 billion, including a new $700 million investment targeting loans backed by premium real estate in the UK and Europe. The company currently has $1.3 billion of loans deployed and anticipates an ownership interest of 5-10%. Since 2010, Kennedy Wilson has facilitated approximately $7 billion in real estate-related debt investments, with $4.3 billion in Europe. The firm is uniquely positioned to provide debt solutions, leveraging its ownership of over $18 billion in global real estate assets.
- Expansion of debt platform to over $3 billion.
- New $700 million partnership targeting high-quality real estate loans.
- 5-10% expected ownership interest enhances investment management fees.
- Track record of $7 billion in real estate debt investments since 2010.
- None.
Global real estate investment company Kennedy Wilson (NYSE: KW) has expanded its global debt platform to over
The expansion includes a new
“We are excited to build on our long track record of investing in debt opportunities and leverage our team’s flexibility and creativity to provide a wide range of capital solutions for the growing number of opportunities we see across our core UK and European markets today,” said Fiona D’Silva, Head of Investment - Europe, at Kennedy Wilson. “We are in a unique position as a debt provider in that we have an ownership interest in over
The platform, the latest venture in Kennedy Wilson’s long history of debt investment activity, will provide financing solutions across the capital structure and risk spectrum. Together with its partners, Kennedy Wilson has completed approximately
About Kennedy Wilson
Kennedy Wilson (NYSE:KW) is a leading global real estate investment company. We own, operate, and invest in real estate through our balance sheet and through our investment management platform. We focus on multifamily and office properties located in the Western U.S., U.K., and Ireland. For further information on Kennedy Wilson, please visit: www.kennedywilson.com.
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Special Note Regarding Forward-Looking Statements
Statements in this press release that are not historical facts are “forward-looking statements” within the meaning of U.S. federal securities laws. These forward-looking statements are estimates that reflect our management’s current expectations, are based on assumptions that may prove to be inaccurate and involve known and unknown risks. Accordingly, our actual results or performance may differ materially and adversely from the results or performance expressed or implied by these forward-looking statements, including for reasons that are beyond our control. For example, we may not be able to maintain our current acquisition or disposition pace or identify future properties to acquire on terms we consider attractive, and our current property portfolio may not perform as expected. Accordingly, you should not unduly rely on these statements, which speak only as of the date of this press release. We assume no duty to update the forward-looking statements, except as may be required by law.
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FAQ
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