Company: KW
Filing Date: 2025-11-07
Form Type: 424B3
Source: 0001408100-25-000180
Chunk: 75

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 424B3
Chunk 75
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 average interest rates of 8.7% per annum, and an unpaid principal balance of $5.1 billion ($272.7 million at KW's share) during the same period in 2024. During the nine months ended September 30, 2025, the Company also completed a total of $932.0 million of gross acquisitions and $2.6 billion of loan investments (KW's ownership interest of 16.8% and 2.5%, respectively) and $1.1 billion of gross dispositions and $956.7 million of loan repayments (KW's ownership interest of 85.8% and 5.0%, respectively).

Investment Approach

The following is our investment approach:

• Identify markets with an attractive investment landscape and the potential for growth

• Establish operating platforms in our target markets

• Develop local intelligence and create and maintain long-lasting relationships, primarily with financial institutions and the brokerage community

• Leverage relationships and local knowledge to drive proprietary investment opportunities with a focus on off-market transactions that we expect will result in above average cash flows and returns over the long term

• Acquire high quality assets, primarily through our investment management platform with strategic partners and funds that we manage

• Reposition assets to enhance cash flows post-acquisition

• Explore development opportunities or acquire development assets that fit within our overall investment strategy

• Continuously evaluate and selectively harvest asset and entity value through strategic realizations using both the public and private markets

In order to help the user of the financial statements understand our company, we have included certain five-year selected financial data. The following table shows selected financial items for the three and nine months ended September 30, 2025 dating back to 2021.

| ($ in millions, except fee bearing capital and AUM which $ in billions)             
 GAAP                                                                                |     | Three Months Ended September 30, 
 2025                             |       |   |     | 2024 |       |   |     | 2023 |       |   |     | 2022 |       |   |     | 2021 |       |   |
|:------------------------------------------------------------------------------------|:----|:---------------------------------|------:|:--|:----|:-----|------:|:--|:----|:-----|------:|:--|:----|:-----|------:|:--|:----|:-----|------:|:--|
| Revenues                                                                            |     | $                                | 116