Kennedy Wilson has exchanged on the purchase of approximately 275 units via three separate transactions on behalf of its single-family rental housing joint venture with Canada Pension Plan Investment Board (CPP Investments) for a total of approximately £100 million ($135 million). These purchases contribute to the growth of the platform to approximately 1,180 homes in just nine months since launch.
The 275 units, which sit across three U.K. development sites in Milton Keynes, Derby and Cheltenham, have been acquired from two leading housebuilders. This includes the joint venture’s first transaction with independent housebuilder Dandara and repeat transactions with existing partner Miller Homes.
Launched in October 2024, the joint venture has now committed to deploy approximately £390 million ($526 million) and contracted on 1,180 units across 13 sites in locations including Bedford, Cambridge, Derby, Didcot, Great Dunmow, Ipswich and Wolverhampto
