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 (NYSE: KW) maintains this dedicated news center for tracking its global real estate investments and corporate developments. Access authoritative updates spanning the company's consolidated property portfolio and co-investment strategies across multifamily, commercial, and industrial sectors.
Key resources include: Earnings releases detailing performance across US and international markets, acquisition announcements for new properties, partnership updates with institutional investors, and leadership communications about strategic priorities. Our curated collection ensures stakeholders can efficiently monitor KW's activities in Western US, European, and Asian markets.
Bookmark this page for direct access to primary source materials, including SEC filings and corporate announcements. Regular updates provide insights into KW's dual revenue streams from direct property management and fee-based investment services.
Kennedy Wilson (NYSE: KW) has successfully surpassed $3 billion in loan originations since launching its real estate debt investment platform in 2020. In 2022 alone, the company originated $1.1 billion and repaid over $425 million in loans, closing $235 million in the fourth quarter. With a remaining lending capacity of approximately $3 billion, Kennedy Wilson is poised for further growth, targeting a total of $6 billion in loan investments. The platform focuses on high-quality real estate, leveraging strong market relationships to secure favorable returns.
Kennedy Wilson Europe Real Estate Limited (a subsidiary of Kennedy Wilson) announced results of its cash tender offer to buy up to €150 million of its €550 million 3.25% Notes due 2025. A total of €75 million, or 13.64%, was tendered for purchase. The accepted purchase price was set at 82.0% of the nominal amount, totaling €61.5 million, funded mainly through a corporate revolving line of credit. Following the tender offer, €475 million of the KWE Notes will remain outstanding.
Kennedy Wilson Holdings (NYSE: KW) reported Q3 2022 results, revealing a GAAP net income of $16.4 million, down from $65.9 million in Q3 2021. Adjusted EBITDA fell to $165.9 million from $202.7 million year-over-year. Despite a 15% annual increase in estimated NOI to $473 million, fair value losses impacted performance. The firm completed $1.4 billion in investment transactions and experienced a 17% growth in fee-bearing capital, totaling $5.6 billion. Overall, while demand for multifamily properties remains strong, inflation and monetary policy uncertainties pose challenges ahead.
Kennedy Wilson (NYSE: KW) has announced a quarterly dividend of $0.24 per share for common shareholders of record as of December 30, 2022, with a payment date set for January 5, 2023. Annually, this amounts to $0.96 per share. Kennedy Wilson is a global real estate investment firm focused on multifamily, office, and industrial properties in the Western United States, United Kingdom, and Ireland. The company's operations include property ownership, management, and investment strategies.
Kennedy Wilson (NYSE:KW) will release its third quarter 2022 financial results on November 2, 2022, after market close. A live conference call is scheduled for 9:00 a.m. PT on November 3, 2022. U.S. callers can join the call at (844) 340-4761, while international participants can dial +1 (412) 717-9616. A replay will be available for one week. The webcast can be accessed through their investor relations website, providing an essential platform for stakeholders to stay informed on the company's performance.
Langdon Park Capital has acquired a 138-unit multifamily property in West Covina, California, for
Kennedy-Wilson Holdings (NYSE: KW) reported Q2-2022 results, highlighting a 12% growth in same-property revenue and strong recurring cash flow. However, GAAP net loss was $9 million, compared to a profit of $215.4 million in the same quarter last year. Total revenue reached $136.1 million, up from $108.4 million YoY. The company secured $1.7 billion in investment transactions and aims to enhance its multifamily portfolio. Estimated Annual NOI grew 19% YoY to $479 million. Cash and line of credit availability stood at $711 million as of June 30, 2022.
Kennedy Wilson (NYSE: KW) announced a quarterly dividend of $0.24 per share, payable on October 6, 2022, to shareholders registered as of September 30, 2022. This dividend represents an annual yield of $0.96 per share. The company operates primarily in real estate investment, focusing on multifamily and office properties in the Western U.S., U.K., and Ireland. This dividend payment reflects the company's ongoing commitment to returning value to its shareholders.
Intercontinental Real Estate Corporation, in joint venture with Kennedy Wilson (NYSE:KW), has acquired Stockton Industrial Park, a manufacturing and distribution facility in Stockton, CA, for $84 million. The facility spans 877,648 square feet and is strategically located in California’s Central Valley, benefiting from robust e-commerce expansion. This acquisition marks the first investment for the joint venture and the 35th for Intercontinental, increasing its holdings to over 11 million square feet of industrial space.
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