Brief: Kennedy Wilson To Acquire Toll Brothers’ Apartment Living Platform For $347 Million, Adding Over $5 Billion Of Assets Under Management
18/09/2025 14:25
Kennedy-Wilson Holdings Inc KW.N: KENNEDY WILSON TO ACQUIRE TOLL BROTHERS’ APARTMENT LIVING PLATFORM FOR $347 MILLION, ADDING OVER $5 BILLION OF ASSETS UNDER MANAGEMENT KENNEDY-WILSON HOLDINGS INC: TOLL BROTHERS' INTENTION IS TO DISPOSE OF REMAINING ASSETS OVER TIME, EXIT MULTIFAMILY DEVELOPMENT BUSINESS KENNEDY-WILSON: EXPECTS TO MAKE INITIAL INVESTMENT OF ABOUT $90 MILLION IN ACQUIRED INTERESTS, TO ASSUME TOLL BROTHERS' GP ROLE IN ACQUIRED ASSETS Source text: ID:nBwfxC8ja Further company coverage: KW.N