 BEVERLY HILLS, Calif.--BUSINESS WIRE--Global real estate investment company Kennedy Wilson NYSE:KW and GIC, Singapores sovereign wealth fund, have entered into a joint venture the Joint Venture to acquire and manage urban logistics properties in the UK, with the potential to expand into Ireland and Spain. The Joint Venture will be seeded with a 220 million portfolio comprising 18 urban logistics assets in prime locations in the UK. The assets are currently wholly owned by Kennedy Wils 