1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Grass Hopper
Grass Hopper
Articles (550)  | Author's Website |

Prem Watsa on Kennedy Wilson

March 09, 2014 | About:

We continued to invest with Bill McMorrow from Kennedy Wilson in 2013. We invested in the Clancy Quay apartments and some well-leased office buildings in Dublin and we also invested in a U.K. loan pool. We have invested a net cumulative $305 million in real estate deals with Kennedy Wilson in California, Japan, the U.K. and Ireland – deals at significant discounts to replacement costs and with excellent unlevered cash on cash returns, in which Kennedy Wilson is the managing partner and an investor. Also, we continue to own a fully diluted 10.9% interest (11.5 million shares) in Kennedy Wilson.

From Fairfax Financial 2013 Chairman’s Letters to Shareholders

About the author:


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


GuruFocus has detected 8 Warning Signs with Kennedy-Wilson Holdings Inc $KW.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

User Generated Screeners


pbarker46Dividend cos.
clemclem_99ultrasbetter
clemclem_99ultras
jebcolemanQuality&Value
CarstinSingapore Net-Nets
GKATUSAGKATUSA1
GKATUSAGKATUSA2
GKATUSAGKATUSA3
andrewgu999revenue growth
andrewgu999high operating margin
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK