Tag Archives: Kennedy Wilson

Battle for Dublin’s Central Park: Irish REITs each submit JV offers as bidders emerge

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Ireland’s two new REITs, Green and Hibernia, headline the list bidding for Dublin’s sprawling Central Park office, multi-family and development complex with separate joint venture partners after more than half a dozen investors submitted first round bids today. Green REIT … Continue reading

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Anchorage Capital fails to make €373m Project Holly four-strong shortlist as CarVal wins Project Club

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NAMA has selected Kennedy Wilson, Lone Star, Starwood Capital and a joint bid from York Capital Management and D2 Private to progress through to the second round of the €373m Project Holly Irish non-performing loan portfolio sale, CoStar News can … Continue reading

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Kennedy Wilson buys BoI’s Shelbourne Hotel senior loan stake

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Bank of Ireland has sold half the outstanding €206m senior loan which secures Dublin’s prestigious five-star Shelbourne Hotel to Kennedy Wilson in an off-market loan sale, CoStar News can reveal. Shelbourne Hotel, the Marriott-branded hotel on St Stephen’s Green in … Continue reading

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Four finalists selected for Aviva’s £400m Project Moon

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Aviva has selected a four-strong shortlist to acquire its circa £400m Project Moon UK direct secondary property portfolio. Apollo Global Management, Blackstone, Cerberus Capital Management and Kennedy Wilson have progressed through to the second and final round, CoStar News can reveal.  Project … Continue reading

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BAML to part syndicate Värde and KW’s Britannica £163m senior loan

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Bank of America Merrill Lynch (BAML) has financed Värde Partners and Kennedy Wilson’s joint venture acquisition of the Britannica fund, which is a portfolio of eight secondary UK shopping centres, with a £163m five-year senior loan. Next week BAML is … Continue reading

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CLS Holdings wins Project Neo government office portfolio for £120m

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CLS Holdings, which manages almost £1bn of UK and European property, is to pay just under £120m for Project Neo, the 34-strong former Wichford Government Income Portfolio (GIP), winning ahead of six private and public equity investors, CoStar News can … Continue reading

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Six bids in for £102m Project Neo government office portfolio

First round bids for Project Neo were lodged on Friday with a six-strong shortlist emerging for the secondary regional majority government-tenanted office portfolio, the former Wichford Government Income Portfolio (GIP). CoStar News understands that Mountgrange, Oaktree, Telereal Trillium, Kennedy Wilson, Cerberus … Continue reading

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Battle for Castle Market: Kennedy Wilson/Värde win after loan enforced

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Kennedy Wilson and Värde Partners are at finally set to win the fiercely-contested 16-strong Castle Market Dublin office portfolio, after special servicer Hypothekenbank Frankfurt began loan enforcement proceedings this afternoon ahead of a sale to the original joint venture bidders, … Continue reading

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Battle for Castle Market: KW’s bid fails to secure bondholder approval

Kennedy Wilson and Värde Partners bid to secure bondholder approval to acquire the 16-strong Castle Market portfolio failed this morning, triggering the prospect of either the appointment of Ernst & Young as receivers, the beginning of negotiations with rival bidder … Continue reading

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