trending Market Intelligence /marketintelligence/en/news-insights/trending/fM4yYm-YrIEKlKiprZbdYg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Kennedy Wilson to sell 3 western US multifamily properties for $204M

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Kennedy Wilson to sell 3 western US multifamily properties for $204M

Kennedy Wilson said in its latest earnings release that the company and its equity partners are under separate binding contracts to sell three multifamily assets in the western U.S. for about $204 million.

The company expects to receive about $76 million in net proceeds from the transactions with an estimated gain on sale of $59 million.

The company and its equity partners are also under binding contracts to acquire four commercial properties in the same region and one mixed-use property in Ireland for $612 million, subject to customary closing conditions. The company is expecting to hold average ownership of about 34% in the properties.

According to the company, Kennedy Wilson Fund V sold a portfolio of three office properties in Greater Seattle for $252 million.