Kennedy Wilson completes €259m of asset sales in Ireland and US

Global real estate investment company Kennedy Wilson (NYSE:KW) (“KW”) announced today two real estate asset sales generating $304m (€259m) in gross proceeds for the company.

Global real estate investment company Kennedy Wilson (NYSE:KW) (“KW”) announced today two real estate asset sales generating $304m (€259m) in gross proceeds for the company.

Summer House, a wholly owned 615-unit apartment community in Alameda, CA, sold for $231m (€196.9), representing the largest multifamily transaction in the San Francisco Bay Area in 2017 and one of the largest single asset real estate transactions recorded in the East Bay. Additionally, the company completed the sale of Gardner House, a 75,600 square-foot office building in Dublin for $73m (€62m).