Kennedy Wilson has announced its U.K. single-family rental housing joint venture with Canada Pension Plan Investment Board (CPP Investments) has reached a significant milestone, deploying a further £300 million ($401.88 million) to scale the platform to approximately 2,000 homes across the United Kingdom.
The joint venture has exchanged contracts on the acquisition of a further 788 single-family rental units, across 10 separate transactions. These acquisitions are being financed through a £500 million ($670 million) five-year debt facility from Goldman Sachs, which was originally announced in December 2025. Goldman Sachs will also provide a subscription facility to the joint venture.
The 788 units are aligned with the joint venture’s strategy of investing in key growth areas and are located across 10 development sites in Bristol, Cheltenham, Didcot, Hemel Hempstead, Northampton, Nottingham, Watford and Wokingham. Building on the joint venture’s established relat