Kennedy Wilson Group to Buy Loan Portfolio From Bank of Ireland

Oct. 24 (Bloomberg) -- Kennedy Wilson and institutional partners agreed to buy a real estate loan portfolio from Bank of Ireland for $1.8 billion.

The loans are mostly backed by London-based office, multifamily and retail properties, Kennedy Wilson said in a statement today.

Link to Statement:{NSN LTKK3C3V7U9T <GO>}

Link to Company News:{BKIR LN <Equity> CN <GO>} Link to Company News:{KW US <Equity> CN <GO>}

To contact the reporter on this story: Kara Wetzel in New York at kwetzel@bloomberg.net

To contact the editor responsible for this story: Kara Wetzel at kwetzel@bloomberg.net