Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 151

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 151
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39,894 units and 1,177 single family units) or finance (27,914 units).  Over the past several years, in line with our focus on the growth of our investments in housing and the continued execution of our capital recycling plan and our recent non-core asset disposition plan, our global investment portfolio has significantly evolved to be weighted heavily in equity and debt investments in the rental housing sector, specifically multifamily, both market rate and affordable, and student housing. The table below details key metrics and information of our global investment portfolio (in total and in each of our segments):     

TotalConsolidatedCo-InvestmentsOwnership(1)AUM (billions)$30.1 $14.0 $16.1 32 %Rental HousingMultifamily units - market rate(2)27,199 8,250 18,949 52 %Multifamily units - affordable(2)12,695 — 12,695 45 %Single family housing units1,177 — 1,177 10 %Real Estate Credit(primarily secured by Rental Housing Assets)Real estate debt investments - 100% (billions)$10.1 $— $10.1 4 %Industrial and Other Real Estate InvestmentsIndustrial square feet (millions)(2)12.2 — 12.218 %US Office square feet (millions)(2)5.3 1.34.034 %Europe Office feet square feet (millions)(2)4.3 2.51.875 %Retail square feet (millions)(2)2.7 1.11.643 %Hotels(2)1 — 135 %

(1) Weighted-average ownership percentages.

(2) Includes amounts for properties that are stabilized, under development and unstabilized.

As of June 30, 2025, our global team, managed $30.1 billion of AUM (as noted above) of which $29.3 billion is operating properties and real estate loans (excluding development properties) which produced total revenue of $1.0 billion ($370.1 million at KW's share) compared to $25.9 billion of operating properties as of June 30, 2024 with total revenue of $976.7 million ($368.3 million at KW's share).  In addition, as of June 30, 2025, we held interests in