1,110.00p

Share price at 09:50

KWE announces appointment of Fraser Kennedy as Head of Finance

17 July 2015

Kennedy Wilson Europe, the investment manager of Kennedy Wilson Real Estate Plc (LSE: KWE), an LSE listed property company that invests in direct real estate and real estate loans in Europe, is pleased to announce the appointment of Fraser Kennedy as Head of Finance, to lead the Company’s 19-strong finance team.

Fraser is a Chartered Accountant and has close to 20 years’ experience in real estate and financial services sectors. He joins from VALAD Europe, a European real estate investment manager, where he has spent the past eight years, the last five of which as CFO for Europe. Prior to this Fraser worked at Legal & General Investment Management and Haysmacintyre.

Mary Ricks, President and CEO of Kennedy Wilson Europe, commented:

“Fraser brings a strong set of skills to KWE, and we believe his talent and experience in both the financial and real estate markets will help to further support the business and strengthen our team as we pursue our growth ambitions. We are delighted to have him on board.”

Since IPO in February 2014, KWE’s team has grown to c. 80 people located in London, Dublin, Madrid and Jersey to support its c. £2 billion property portfolio.

Leavesden Park, Watford, UK (1)

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ir@kennedywilson.eu

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