m_and_a
confidence high
sentiment positive
materiality 0.80
Kennedy-Wilson to acquire Toll Brothers Apartment Living platform for $347M
Kennedy-Wilson Holdings, Inc.
- Acquisition price $347M; KW expects to invest ~$90M in acquired interests.
- Transaction adds ~$2.2B AUM from 18 properties and $3.0B AUM from 20 managed properties.
- KW acquires 29 development sites with ~$3.6B total capitalization if completed.
- Closing expected October 2025; KW to extend offers to all Toll Apartment Living employees.
- Strategic alliance: KW refers for-sale housing to Toll; Toll refers rental housing to KW.
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