The Palmer Capital Income Fund, which is a fund managed by Palmer Capital Partners and GVA Grimley, Investment Arm, acquired an industrial and office unit in Leamington Spa from Kennedy-Wilson Holdings, Inc. (NYSE:KW) for £15.4 million.
January 09, 2018
Share
The Palmer Capital Income Fund, which is a fund managed by Palmer Capital Partners and GVA Grimley, Investment Arm, acquired an industrial and office unit in Leamington Spa from Kennedy-Wilson Holdings, Inc. (NYSE:KW) for £15.4 million on January 10, 2018. Stonehill Partners and GVA acted as real estate advisors for Palmer Capital Partners while CBRE acted as real estate advisor for Kennedy-Wilson.
The Palmer Capital Income Fund, which is a fund managed by Palmer Capital Partners and GVA Grimley, Investment Arm, completed the acquisition of an industrial and office unit in Leamington Spa from Kennedy-Wilson Holdings, Inc. (NYSE:KW) on January 10, 2018.
Kennedy-Wilson Holdings, Inc. is a global real estate investment company. The Company owns, operates, and invests in real estate both on its own and through its investment management platform. It also has a debt platform focused on construction lending secured by multifamily and student housing properties throughout the United States. The Company focuses on multifamily and office properties, as well as industrial and debt investments in its Investment Management business in the Western United States, United Kingdom and Ireland. Its operations are defined by two business segments: its Consolidated Portfolio and Co-Investment Portfolio. Investment activities in the Consolidated Portfolio involve ownership of multifamily units, office, and retail space and one hotel. The Co-Investment Portfolio consists of the co-investments in real estate and real estate-related assets, including loans secured by real estate; fees, and performance allocations that it earns on its fee bearing capital.
The Palmer Capital Income Fund, which is a fund managed by Palmer Capital Partners and GVA Grimley, Investment Arm, acquired an industrial and office unit in Leamington Spa from Kennedy-Wilson Holdings, Inc. (NYSE: KW) for £15.4 million.