Kennedy Wilson
{{Short description|Global real estate investment company}}
{{Infobox company
| name = Kennedy-Wilson Holdings, Inc.
| logo = Kennedy_Wilson_Logo.png
| traded_as = {{NYSE|KW}}
Russell 2000 component
S&P 600 component
| industry = Private equity real estate
| founded = {{start date and age|1977}}
| hq_location = Beverly Hills, California, United States
| area_served = Worldwide
| key_people = William J. McMorrow (CEO & Chairman)
| aum = $28 billion (2024){{cite web|url=https://www.kennedywilson.com/|title=Kennedy Wilson|access-date=18 March 2025}}
| website = {{URL|www.kennedywilson.com}}
}}
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
History
Kennedy Wilson was founded in 1977 and first went public on Nasdaq in 1992 before later transitioning back to private ownership in 2004. In 2009, the company went public again as Kennedy Wilson Holdings, Inc.{{cite web|url=https://www.kennedywilson.com/who-we-are|title=Kennedy Wilson History|access-date=18 March 2025}}
The company entered the European market in 2011 when it served as the lead investor in the recapitalization of the Bank of Ireland.{{Cite web|url=https://realassets.ipe.com/bank-of-ireland-sells-18bn-in-loans-to-kennedy-wilson/42585.article|title=Bank of Ireland sells $1.8bn in loans to Kennedy Wilson|date=24 October 2011|newspaper=PE Real Assets|access-date=25 July 2021}} The investors became the top commercial property owners in the country, and then expanded with offices in Dublin, London, Madrid and Jersey overseeing a $4 billion property portfolio. Kennedy Wilson Europe Real Estate Plc was listed on the London Stock Exchange in 2014.{{cite web|url=https://www.globalcapital.com/article/k7tcl9wsvlbq/kennedy-wilson-completes-increased-ipo|title=Kennedy Wilson completes increased IPO|date=25 February 2014|newspaper=Global Capital| access-date=25 July 2021}}
In 2017, the company closed a transaction that combined Kennedy Wilson Holdings and Kennedy Wilson Europe Real Estate Plc into one company.{{Cite news|url=https://www.propertyfundsworld.com/2017/10/23/257450/kennedy-wilson-kennedy-wilson-europe-merger-creates-usd8bn-real-estate-company|title=Kennedy Wilson & Kennedy Wilson Europe merger creates US$8 billion real estate company|date=23 October 2017|newspaper=Property Funds World| access-date=25 July 2021}}
In 2019, it was reported that Kennedy Wilson would spend more than $600m in the next few years on various office and residential projects taking place in Ireland.{{cite news|url=https://www.independent.ie/business/irish/kennedy-wilson-to-invest-530m-in-irish-projects-37883654.html|title=Kennedy Wilson to invest €530m in Irish projects|newspaper=Irish Independent|access-date=6 March 2019}}
In July 2020, A $63 million loan to a multi-family development in the Boulder, Colorado area was the first investment created by a $2 billion real estate program in the US, UK, and Ireland. Kennedy Wilson and Fairfax Financial initiated the $2 billion project.{{Cite web|last=|first=|date=14 July 2020|title=Kennedy Wilson, Fairfax Complete First Loan in $2B Platform|url=https://www.globest.com/2020/07/14/kennedy-wilson-fairfax-complete-first-loan-in-2b-platform/?slreturn=20200615023609|archive-url=|archive-date=|access-date=15 July 2020|website=GlobeSt}}
References
{{reflist}}
External links
- [https://www.kennedywilson.com/ Kennedy Wilson]
Category:Companies based in Beverly Hills, California
Category:Real estate companies of the United States