UK-listed real estate firm Kennedy Wilson has completed a £184 mln (€235 mln) deal to finance its Fordgate Jupiter portfolio in the UK.
UK-listed real estate firm Kennedy Wilson has completed a £184 mln (€235 mln) deal to finance its Fordgate Jupiter portfolio in the UK.
Kennedy Wilson bought the 21 asset, mixed-use portfolio in June this year for £296 mln, as part of a broader investment of £685 mln following its IPO.
Jupiter includes nine offices, two mixed, five car showrooms, three leisure, one retail and one warehouse, all spread across the UK.
The financing will increase the firm's loan-to-value ratio to about 34%.