Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 112

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 112
---
)MultifamilyCommercialHotelFundsResidential and OtherTotalWestern U.S.$693.6 $88.3 $119.5 $79.7 $207.0 $1,188.1 Ireland343.8 139.7 — 5.1 — 488.6 United Kingdom19.8 164.3 — 29.9 15.6 229.6 Total$1,057.2 $392.3 $119.5 $114.7 $222.6 $1,906.3 

14

Kennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements(Unaudited)

    The following table details Kennedy Wilson's investments in joint ventures by investment type and geographic location as of December 31, 2024:(Dollars in millions)MultifamilyCommercialHotelFundsResidential and OtherTotalWestern U.S.$856.0 $74.1 $249.7 $63.4 $183.3 $1,426.5 Ireland279.2 125.1 — 4.9 — 409.2 United Kingdom7.7 154.2 — 28.4 16.4 206.7 Total$1,142.9 $353.4 $249.7 $96.7 $199.7 $2,042.4     During the nine months ended September 30, 2025, the Company has focused on recapitalizing certain of its joint ventures to lower ownership percentages to focus on its capital light investment management approach.  There were $358.3 million of distributions from unconsolidated investments, which are discussed below but primarily consist of Kennedy Wilson selling interests to equity partners in Kona Village and a portfolio of nine multifamily assets located in the Western United Sates. The Company made $108.2 million of contributions to new and existing unconsolidated investments primarily for capital calls for new investments in one of its commingled funds in the Western United States and additional acquisitions of single family homes in our United Kingdom single family rental home platform. Kennedy Wilson also had contributions to European office assets to pay down mortgage debt and to fund operations during lease up. During the nine months ended September 30, 2025, the Company had $45.7 million of income from unconsolid