Company: KW
Filing Date: 2025-03-03
Form Type: 424B3
Source: 0001408100-25-000092
Chunk: 12

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-03-03
Form: 424B3
Chunk 12
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 weighted average ownership interest in the commingled funds that we manage was 14%.

Vintage Housing Holdings ("VHH"):

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Through our VHH partnership, we acquire and develop income and age restricted properties. See a detailed discussion of this business in the Multifamily section below.

#### Investment Product Types
The following are the product types we invest in both through our Consolidated Portfolio and Co-Investment Portfolio segments.

#### Rental Housing
We pursue multifamily acquisition opportunities where we can unlock value through a myriad of strategies, including institutional management, asset rehabilitation, repositioning and recapitalization. We focus primarily on apartments in supply-constrained, infill markets.

As of December 31, 2024, our global rental housing portfolio consisted of 38,285 units and 901 single family housing units.

|                                              |     | Total |        |     | Consolidated |       |     | Co-Investments |        |
| Multifamily units - market rate units(1)     |     |       | 25,590 |     |              | 9,258 |     |                | 16,332 |
| Multifamily units - affordable rate units(1) |     |       | 12,695 |     |              |     — |     |                | 12,695 |
| Single family housing units                  |     |       |    901 |     |              |     — |     |                |    901 |

(1) Includes 2,390 units that are under development or undergoing lease up.

Our largest Western United States multifamily regions are the Mountain West region (which includes our investments in Idaho, Utah, Nevada, Arizona and New Mexico) and the Pacific Northwest (primarily the state of Washington). The remainder of the Western United States portfolio is located in Northern and Southern California. In Europe, we focus on Ireland, particularly Dublin city center and its immediately surrounding suburbs.

Our asset management strategy entails installing strong property management teams to drive leasing activity and upkeep of the properties. We also seek to add amenities designed to promote health and wellness, celebrate local and cultural events and enhance the lives of residents living in our communities. We also incorporate spaces for rest and socialization across our global multifamily portfolio, including clubhouses, fitness centers, business suites, outdoor play areas, pools and dog parks.

In addition to traditional multifamily units, during the fourth quarter 2024 we launched a new UK single-family rental housing joint-venture with