Kennedy Wilson has plans to grow its U.K. industrial portfolio to £440 million (€510 million/$603 million) across 3.8 million square feet with deals completed or in solicitors’ hands adding £220 million (€255 million/$302 million) to its industrial assets under management in the last two quarters to March 2021.
Mike Pegler, head of U.K. at Kennedy Wilson Europe, said, “We continue to witness exciting investment and asset management opportunities across both core-plus and value-add industrial and urban logistics properties, driven by strong demand-supply dynamics in the sector. Our specialist team has been central in growing our assets under management, buying high-quality properties with income and value growth potential.
“Having completed on about £80 million