Kennedy Wilson is a real estate investment company headquartered in

Beverly Hills Beverly Hills is a city located in Los Angeles County, California, United States. A notable and historic suburb of Los Angeles, it is located just southwest of the Hollywood Hills, approximately northwest of downtown Los Angeles. Beverly Hil ...

, California, United States.

History

Kennedy Wilson was founded in 1977 and first went public on

Nasdaq The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...

in 1992 before later transitioning back to private ownership in 2004. In 2009, the company went public again as Kennedy Wilson Holdings, Inc. The company entered the European market in 2011 when it served as the lead investor in the

recapitalization Recapitalization is a type of corporate reorganization involving substantial change in a company's capital structure. Recapitalization may be motivated by a number of reasons. Usually, the large part of equity is replaced with debt or vice versa. ...

of the

Bank of Ireland Bank of Ireland Group plc () is a commercial bank operation in Ireland and one of the traditional Big Four Irish banks. Historically the premier banking organisation in Ireland, the bank occupies a unique position in Irish banking history. At ...

. The investors became the top commercial property owners in the country, and then expanded with offices in

Dublin Dublin is the capital and largest city of Republic of Ireland, Ireland. Situated on Dublin Bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, and is bordered on the south by the Dublin Mountains, pa ...

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

Madrid Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It i ...

and Jersey overseeing a $4 billion property portfolio. Kennedy Wilson Europe Real Estate Plc was listed on the London Stock Exchange in 2014. In 2017, the company closed a transaction that combined Kennedy Wilson Holdings and Kennedy Wilson Europe Real Estate Plc into one company. In 2019, it was reported that Kennedy Wilson would spend more than $600m in the next few years on various office and residential projects taking place in Ireland. In July 2020, A $63 million loan to a multi-family development in the Boulder,

Colorado Colorado is a U.S. state, state in the Western United States. It is one of the Mountain states, sharing the Four Corners region with Arizona, New Mexico, and Utah. It is also bordered by Wyoming to the north, Nebraska to the northeast, Kansas ...

area was the first investment created by a $2 billion real estate program in the US, UK, and Ireland. Kennedy Wilson and

Fairfax Financial Fairfax Financial Holdings Limited is a Canadian financial holding company based in Toronto, Ontario, engaged in property, casualty, insurance and reinsurance, investment management, and insurance claims management. The company operates primari ...

initiated the $2 billion project.

References

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External links

Kennedy Wilson
Companies based in Beverly Hills, California Real estate companies of the United States Real estate companies established in 1977 1977 establishments in California