Company: KW
Filing Date: 2025-03-03
Form Type: 424B3
Source: 0001408100-25-000092
Chunk: 141

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-03-03
Form: 424B3
Chunk 141
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 0.2 |     |           |   — |     |           |   — |     |                       | 1.2 |     |           | 0.9 |     |           |  1.3 |     |           |  1.1 |
| Total                 |     | $           | 44.5 |     | $         | 74.4 |     | $          | 13.6 |     | $         | 4.0 |     | $         | 1.3 |     | $         | 2.8 |     | $                     | 1.4 |     | $         | 5.4 |     | $         | 60.8 |     | $         | 86.6 |

Investing distributions resulted primarily from sale of a multifamily property in Western United States, conversions of VHH properties from development to operating, the redemption of an interest in a hedge fund investment and excess proceeds from the refinancing of mortgage loans on properties. Operating distributions resulted from operating cash flow generated by the joint venture investments that have been distributed to the Company.

Income from Unconsolidated Investments

The following table presents income from unconsolidated investments recognized by Kennedy Wilson during the years ended December 31, 2024, 2023 and 2022:

|                                                                                                   | (Dollars in millions) | Year Ended December 31, |  2024 |     |   |   2023 |     |   |  2022 |
|:--------------------------------------------------------------------------------------------------|:----------------------|:------------------------|------:|:----|:--|-------:|:----|:--|------:|
| Income from unconsolidated investments - operating performance                                    |                       | $                       |  29.9 |     | $ |   40.8 |     | $ |  80.2 |
| Income from unconsolidated investments - realized gains from cost basis investments               |                       |                         |  32.6 |     |   |      — |     |   |   4.7 |
| (Loss) income from unconsolidated investments - unrealized and realized fair value (losses) gains |                       |                         |  -6.3 |     |   | -229.3 |     |   | 114.6 |
| Principal co-investments                                                                          |                       |                         |  56.2 |     |