Skip to Content

Kennedy Wilson/AXA – LeisurePlex JV

M/21/027

Completed

Transaction details

The proposed transaction whereby Kennedy-Wilson Holdings, Inc. and Avicdale Ltd., a company indirectly controlled by AXA S.A., intend to create a fully functional joint venture to develop, acquire, hold and manage private rented accommodation in County Dublin, has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:20 May 2021
  • Publication date:20 May 2021
  • Economic sector:Real estate activities - M
  • Economic sub-sector:Real estate activities - M.68
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
M.21.027 Merger AnnouncementPDF | 243 KB
M.21.027 DeterminationPDF | 329 KB
Timetable

Phase One

  • Friday, 21 May, 2021 Notification received
  • Friday, 4 June, 2021 Third party submission deadline
  • Thursday, 10 June, 2021 Determination issued
Parties Involved

Kennedy-Wilson Holdings, Inc.

Kennedy-Wilson Holdings, Inc. is a real estate investment company that owns, develops, operates, and invests in real estate. It also provides real estate asset management services primarily to financial services clients. Kennedy-Wilson Holdings, Inc. has 12 offices throughout the U.S., U.K., Ireland, Jersey, Spain, and Luxembourg.

 

AXA S.A.

AXA S.A. is the holding company of the AXA Group. The AXA Group is a global insurance group headquartered in Paris. The group companies of AXA S.A. are active in life, health and other forms of insurance, as well as in investment management.

 

LeisurePlex

LeisurePlex is located in Stillorgan, Dublin and was previously a bowling leisure complex. The existing structure on the LeisurePlex site has recently been demolished and it will be developed into a private residential rental property.

Contacts
View all mergers

Sign up for the latest news from CCPC