Carey Olsen has advised existing client Kennedy Wilson Europe Real Estate (KWERE) on its secondary equity issuance, which raised £351.5 million (through a firm placing, and placing and open offer).
KWERE is a closed-ended collective investment fund incorporated in Jersey that invests primarily in real estate and real estate loans in Europe. The launch follows Carey Olsen’s involvement in KWERE's £1bn fund raise earlier this year through its initial public offering on the London Stock Exchange’s main market. It was the largest ever real estate fund float to be listed on the exchange.
The Carey Olsen team was led by funds Partner James Mulholland assisted by Senior Associates Christopher Griffin and Claire Le Quesne and Associate Stephanie Nisbet.