Welcome to our dedicated page for Kennedy-Wilson Holdings news (Ticker: KW), a resource for investors and traders seeking the latest updates and insights on Kennedy-Wilson Holdings stock.
Kennedy-Wilson Holdings, Inc. reports news as a global real estate investment company that owns, operates and builds properties and invests through an investment management platform. Updates commonly address operating results, portfolio performance, capital allocation, common-stock dividends, debt redemptions and real estate transactions across multifamily, office, industrial, retail, hotel and loan investment assets.
The company’s developments also include co-investment activity with third-party partners, performance and fee-bearing capital topics, development and lease-up portfolios, and governance or shareholder-voting matters. Recent corporate activity has included the completed acquisition of the Toll Brothers Apartment Living platform and related development interests, alongside reporting on U.S., UK and Ireland real estate markets.
Kennedy Wilson has sold Baggot Plaza, a prime office building in Dublin, for $165.4 million to Deka Immobilien, achieving a net initial yield of 4%. The transaction is part of Kennedy Wilson's strategy to recycle the net proceeds of $165.1 million into new investments across Europe. Originally acquired in 2013, the property underwent significant redevelopment, enhancing its value with a LEED Gold certification. The building has been leased to Bank of Ireland, generating a stabilized yield on cost of 8.6%.
Kennedy Wilson (NYSE: KW) will report its Q3 2020 financial results on November 4, 2020, post-market. The company will then host a conference call at 7:00 a.m. PT on November 5, 2020, accessible via a direct dial-in number for U.S. (844) 340-4761 or international callers (+1 (412) 717-9616). A replay will be available for a week following the call. Kennedy Wilson specializes in real estate investments, focusing on multifamily and office properties in the Western U.S., U.K., and Ireland.