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Kennedy Wilson completes £213m deal for single-family rental JV



Kennedy Wilson has completed a £213m transaction, securing over 650 units for its single family rental joint venture.


The firm entered the JV with Canada Pension Plan Investment Board in October 2024.

Together with its seeding of 220 units at launch, this brings its total portfolio to over 900 homes.

The latest properties have been acquired from Wavensmere Homes, Barratt Redrow and Cala Homes across seven development sites in the UK.

Kennedy Wilson currently has an active pipeline of over 1,000 units, with capacity to reach 4,000 units at full capital deployment.

“In the short space of three months, we have successfully executed on our pipeline and amassed a portfolio of over 900 units across the UK, establishing ourselves as one of the most active players in the UK single-family rental housing sector,” said Mike Pegler, president of Kennedy Wilson Europe.

“We are seeing strong appetite from leading housebuilders to form new partnerships and strengthen existing relationships as they look to make ‘build to rent’ housing a key strategic pillar within their businesses.

“As a result, we have benefitted from a number of repeat deals which have significantly increased our pipeline, enabling the partnership to continue deploying capital at speed and scale.”



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