Kennedy Wilson Buys Central Dublin Real Estate from RBS’s Ulster

Kennedy Wilson Holdings Inc, the U.S. real-estate investment and services firm, bought a 210-unit apartment building in central Dublin with partner Fairfax Financial for 40 million euros.

The Alliance Building was sold by a receiver Grant Thornton on behalf of Royal Bank of Scotland Group Plc (RBS)’s Ulster Bank unit, Kennedy Wilson said in a statement today.

To contact the reporter on this story: Joe Brennan in Dublin at jbrennan29@bloomberg.net

To contact the editor responsible for this story: Dara Doyle at ddoyle1@bloomberg.net

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