Housing

US investment fund to benefit from continuing strong rental demand

Kennedy Wilson, which is one of the country’s biggest landlords, is expected to add a significant number of residential units to its Irish portfolio next year

Capital Dock, a 22-storey apartment block with 190 apartments, is Kennedy Wilson’s landmark asset. Picture: RollingNews.ie

Kennedy Wilson, one of the biggest landlords in Ireland, has told investors that the ongoing shortage of rental homes in Ireland “bodes well” for the company.

Last week, the US investment fund, which has a large portfolio of residential property across the US and Ireland, released its financial results for the third quarter of 2022.

Kennedy Wilson’s portfolio of residential assets includes Capital Dock and Clancy Quay.

On a conference call with investors, Matt Windisch, ...