Kennedy Wilson has expanded its global debt platform to more than $3bn.
The property investor’s platform, which includes partners across insurance and sovereign wealth, currently has $1.3bn of loans deployed across the US, UK and Europe.
The expansion includes $700m in partnership with a unnamed institutional investor, which will be used to target high-quality real estate in the UK and Europe.
Fiona D’Silva, head of investment for Europe at Kennedy Wilson, said: “We are in a unique position as a debt provider in that we have an ownership interest in over $18bn of real estate assets globally. We are therefore able to track industry and financing trends across multiple asset classes in real time within markets where we benefit from meaningful relationships and a strong local presence.”
Together with its partners, Kennedy Wilson has completed approximately $7bn in real estate related debt investments since 2010, including $4.3bn across Europe.
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