Kennedy Wilson and CPP Investments have now invested approximately £300 million in UK single‑family rental housing through their existing joint venture, marking a significant expansion of their national residential platform. The deployed capital covers completed acquisitions totalling 788 new single‑family rental homes across 10 transactions in key UK locations.

The joint venture’s portfolio has grown to around 2,000 homes across 23 sites, supporting its long‑term objective of delivering roughly 4,500 homes at full deployment. Since launching in October 2024, the partnership has committed close to £700 million towards its strategy of building a substantial footprint in the UK’s single‑family rental market.

The joint venture was established with £500 million of equity from CPP Investments and £56 million from Kennedy Wilson, alongside an asset‑value target of £1 billion including leverage. To accelerate acquisitions, the platform benefits from a £500 million five‑year debt facility provided by Goldman Sachs, complemented by a subscription facility to support further growth.

Its investment strategy focuses on energy‑efficient, newly built single‑family homes located in areas with strong local economies, established transport connections, community amenities, and access to employment and education. More than 300 homes have already been delivered and are either occupied or available to rent, with approximately 800 additional completions expected within the year.