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Tammy Newell
Tammy Newell
  • 1 Minute Read
  • 15th March 2012

Fairfax and Kennedy Wilson Invest $365m in European Commercial Property

Investment companies, Fairfax Financial Holdings Ltd. and Kennedy Wilson have formed a $365m partnership to seek out commercial property ventures in – initially within the United Kingdom and .

Kennedy Wilson Fairfax Financial Holdings Ltd.

Fairfax, based in , are reported to have provided $327m to Kennedy Wilson of , who will be contributing a 10% co-investment. To date, Kennedy Wilson have have completed $3.7billion of deals within the UK and Ireland; this joint venture hopes to provide more opportunities for Fairfax to become involved.

The partnership was established back in May 2010 after Fairfax purchased $100m of Kennedy Wilson’s convertible properties. The joint transactions that followed include real estate assets worth $600m in and an office space portfolio worth $143.5m in .

Search Office Space is interested to see what UK and Ireland based commercial property investments will follow.

For more information on , talk to Search Office Space today on 0800 524 4649 to discuss your requirements.