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Stock impact report

Kennedy Wilson to Acquire Toll Brothers’ Apartment Living Platform for $347 Million, Adding Over $5 Billion of Assets Under Management

Kennedy-Wilson Holdings Inc. (KW) 
Last kennedy-wilson holdings inc. earnings: 2/26 04:35 pm Check Earnings Report
US:NYSE Investor Relations: ir.kennedywilson.com
Company Research Source: Business Wire
Kennedy Wilson to acquire Toll Brothers’ interests in a portfolio of stabilized and in-development apartment and student housing properties for $347 millionTransaction will bring over $5 billion of assets under Kennedy Wilson management, including $2.2 billion of AUM in 18 apartment and student housing properties that Kennedy Wilson will acquire as part of the transaction, and $3.0 billion of AUM in 20 apartment and student housing properties that Kennedy Wilson will manage on behalf of Toll BrothersKennedy Wilson to acquire a pipeline of 29 development sites which, if completed, would total approximately $3.6 billion in capitalization BEVERLY HILLS, Calif. & FORT WASHINGTON, Pa.--(BUSINESS WIRE)--Global real estate investment company Kennedy Wilson (NYSE: KW) and Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, announced today that Kennedy Wilson has agreed to acquire Toll Brothers’ Apartment Living platform, including its in-house development team an Show less Read more
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