Kennedy Wilson (KW), Fairfax Financial Enter European Real Estate Acquisition Partnership
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Kennedy Wilson (NYSE: KW) announced the formation of a new partnership with Fairfax Financial Holdings Limited to pursue acquisitions of European commercial real estate assets, including loans and real property. The partnership will initially focus on investments in the UK and Ireland with Fairfax providing a €250 million capital commitment alongside a 10% co-investment from Kennedy Wilson. This platform follows on Kennedy Wilson and Fairfax’s fully invested $278 million U.S. real estate investment partnership.
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