Kennedy Wilson confirms quarterly dividend, new office leases

Kennedy Wilson Europe Real Estate announced it will pay an interim quarterly dividend of 12.0p per share, while also reporting strong leasing momentum across key investments in Greater London and Dublin.

The property investor, which has interests across the UK, Ireland, Spain and Italy, said it had completed significant rent review with the Telegraph newspaper at its offices near Victoria station after a refurbishment, with other floors also being reviewed with serviced office provider Regus and a software company.

New leases had also been made across Leavesden Park in Watford with BT and Asos and a 25-year lease at Stillorgan Shopping Centre in Dublin with Tesco, covering close to 270,000 square feet and delivering an uplift of 17% ahead of previous passing rents and 3% ahead of independent valuations.