Kennedy-Wilson Holdings, Inc. announced the acquisition of Bank of Ireland Real Estate Investment Management (BOI REIM), a business that manages commercial real estate on behalf of Bank of Ireland clients. The acquisition, carried out in conjunction with BOI REIM's senior management, will see the establishment of a new entity, Kennedy Wilson Europe. The Company will operate from Dublin and London and serve as the base for Kennedy Wilson to develop its asset management and real estate investment business throughout Europe. Terms of the transaction were not disclosed.
Source Reuters
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