Edition:
India

Kennedy Wilson, Fairfax Launch $2 Bln Real Estate Debt Platform


Thursday, 14 May 2020 

May 14 (Reuters) - Fairfax Financial Holdings Ltd ::KENNEDY WILSON AND FAIRFAX LAUNCH NEW $2 BILLION REAL ESTATE DEBT PLATFORM.KENNEDY-WILSON - PLATFORM WILL PURSUE FIRST MORTGAGE LOANS SECURED BY HIGH-QUALITY REAL ESTATE IN WESTERN U.S., IRELAND AND U.K..KENNEDY-WILSON - EXPECTS TO COINVEST ALONGSIDE FAIRFAX WITH AVERAGE OWNERSHIP OF 20% IN INVESTMENTS, WHICH WILL BE MADE WITHOUT LEVERAGE. 

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