Kennedy Wilson, APG €2B Ireland Residential JV

Kennedy-Wilson Holdings>>> and APG>>>, on behalf of Dutch pension fund Universities Superannuation Scheme, have formed a new €2 billion residential joint venture. This platform will develop and manage over 3,400 private rented homes in Republic of Ireland>>>, primarily in Republic of Ireland — Dublin>>>. The venture includes Kennedy-Wilson Holdings>>> acquiring a minority equity interest in APG>>>'s existing Cherrywood portfolio and developing approximately 2,300 new units across the Player Wills, Bailey Gibson, and Clonliffe sites in Republic of Ireland — Dublin>>>. Construction has already begun on over 700 units at the Player Wills site, with further developments expected to commence in early 2027. This initiative aims to transform derelict industrial lands into vibrant residential communities, contributing significantly to Republic of Ireland>>>'s housing delivery targets and strengthening Kennedy-Wilson Holdings>>>'s position in the Irish residential market.