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Kennedy-Wilson Holdings, Inc. (KW)

NYSE - Nasdaq Real Time Price. Currency in USD

11.13

+0.19

(+1.74%)

At close: 04:00PM EDT

11.13

-0.01

(-0.04%)

After hours:

04:01PM EDT

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Business Wire
CPP Investments Partners with Kennedy Wilson to Launch New UK Single-Family Rental Housing Joint Venture Targeting £1 Billion in Real Estate
LONDON, October 24, 2024--Canada Pension Plan Investment Board (CPP Investments) has partnered with global real estate investment company Kennedy Wilson (NYSE:KW) to launch a new single-family rental housing joint venture ("the JV") in the United Kingdom. CPP Investments will initially commit £500 million, with Kennedy Wilson committing £56 million. The JV will have an initial target of approximately £1 billion of asset value, including leverage, with the potential to commit further capital depe