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Kennedy Wilson raises £910m through IPO for diverse equity and debt investments

Kennedy Wilson Europe Real Estate (KWE) has raised £910m in its initial public offering (IPO) with a diversified mandate across direct real estate acquisition, loan purchases and origination as well as securitisations of loan pools throughout the UK, Ireland and Spain.
By James Wallace
February 25, 2014 | 8:30 P.M.

Kennedy-Wilson Holdings has itself subscribed to the 91 million of shares, excluding stabilising manager Deutsche Bank’s over-allotment entitlement of up to an addition 10%, taking £122.0m of ordinary shares in the initial public offering.

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