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CPP Investments and Kennedy Wilson Launch New UK Single-Family Rental Housing Joint Venture Targeting £1 Billion in Real Estate
Oct 24, 2024•over 1 year ago
Contract Type
partnership
Financial Services
Description
Canada Pension Plan Investment Board (CPP Investments) has partnered with Kennedy Wilson to launch a new single-family rental housing joint venture in the United Kingdom. The joint venture aims to target approximately £1 billion of asset value, including leverage, and will initially be seeded with properties from two developments sourced by Kennedy Wilson. The venture plans to focus on energy efficient, new-build housing stock in strong and growing local economies.
Company Information
Company
Canada Pension Plan Investment Board
Location
1 Queen Street East
About
A Canadian investment management organization that invests in various asset classes. It focuses on providing financial services and solutions to the Canadian pension plan. The company is known for its infrastructure investment strategies.