These purchases bring the platform’s total to around 1,180 homes in the nine months since its launch.

The 275 units, which sit across three UK development sites in Milton Keynes, Derby, and Cheltenham, have been acquired from housebuilders Dandara and Miller Homes.

Launched in October 2024, the JV has now committed to deploy approximately £390m and contracted on 1,180 units across 13 sites with a total of five housebuilders including Barratt Redrow and Cala Homes.

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Mike Pegler, president at Kennedy Wilson Europe, commented: “We continue to deploy capital swiftly into a growing portfolio of single-family housing for this platform and are pleased to report that we are making excellent progress with our strategy.

“The platform’s first newly completed homes, located in Norwich and Bedford, are now available to rent, and we have seen high levels of demand from the rental market.

“We expect these strong foundations to underpin our future pipeline as we continue to deploy capital and scale the platform.”