Latham & Watkins and Gibson, Dunn & Crutcher are advising on the $1.8 billion sale of a U.K. property loan portfolio held by the Bank of Ireland Group to real estate services company Kennedy-Wilson Holdings.
Kennedy-Wilson announced Monday that it was acquiring the portfolio to expand into European markets, which have been hit hard as lenders seek to unload assets in an effort to stockpile capital. Kennedy-Wilson said the portfolio is secured mainly through London-based commercial, retail, and residential properties.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
