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Kennedy Wilson To Acquire Toll Brothers’ Apartment Living Platform For $347 Million, Adding Over $5 Billion Of Assets Under Management

ReutersSep 18, 2025 1:25 PM

Kennedy-Wilson Holdings Inc KW.N:

KENNEDY WILSON TO ACQUIRE TOLL BROTHERS’ APARTMENT LIVING PLATFORM FOR $347 MILLION, ADDING OVER $5 BILLION OF ASSETS UNDER MANAGEMENT
KENNEDY-WILSON HOLDINGS INC: TOLL BROTHERS' INTENTION IS TO DISPOSE OF REMAINING ASSETS OVER TIME, EXIT MULTIFAMILY DEVELOPMENT BUSINESS
KENNEDY-WILSON: EXPECTS TO MAKE INITIAL INVESTMENT OF ABOUT $90 MILLION IN ACQUIRED INTERESTS, TO ASSUME TOLL BROTHERS' GP ROLE IN ACQUIRED ASSETS

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