Kennedy Wilson has expanded its global debt platform to more than $3 billion. The platform, which includes partners across insurance and sovereign wealth, invests across the entire real estate debt capital structure in the United States, United Kingdom and Europe, with $1.3 billion of loans currently deployed.
The expansion includes a new $700 million debt investment platform in partnership with a global institutional investor that will target loans secured by high-quality real estate in the United Kingdom and Europe. Kennedy Wilson expects to have an average ownership of 5 percent to 10 percent across its global debt platform and earns customary management fees in its role as investment manager.
