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Kennedy Wilson – Acquisition of Mixed-Use Asset in Ireland

The US-based real estate investment firm, Kennedy Wilson, has acquired a mixed-use building, “The Elysian”, in Cork, Ireland for €87.5m from real estate funds managed by Blackstone. The asset comprises 206 multifamily/PRS units, 67,600 sqf of retail and office space and 550 car parking spaces. The Elysian is located in the docklands area within the Cork city centre.