Kennedy Wilson announced the acquisition of Victory Plaza, a 132,995 square foot grocery-anchored retail center along with an adjacent 2.4 acre site zoned for multifamily. The company purchased the debt on the properties in December 2013 from an Irish financial institution for $30 million, investing $12 million of equity in the transaction with Pacific Western Bank providing $18 million of financing. The acquisition is the company's second purchase of U.S. property from a European financial institution in this cycle and represents a strategic addition to Kennedy Wilson's U.S. retail platform which now includes 10 properties and 1.3 million square feet in the Western U.S.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
10.77 USD | +1.03% | +12.30% | -13.00% |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-13.00% | 1.48B | |
+35.90% | 28.35B | |
+15.18% | 24.99B | |
-14.56% | 25.28B | |
-3.93% | 24.34B | |
+36.03% | 21.75B | |
+4.17% | 19.78B | |
-1.16% | 18.84B | |
+40.20% | 17.37B | |
+20.98% | 15.55B |
- Stock Market
- Equities
- KW Stock
- News Kennedy-Wilson Holdings, Inc.
- Kennedy Wilson Announces the Acquisition of Victory Plaza in Los Angeles, CA