Company: KW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001408100-25-000084
Chunk: 171

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 171
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.9 Ireland313.8 158.7 — 5.4 — 477.9 United Kingdom— 139.8 — 31.5 22.0 193.3 Total$1,134.7 $370.1 $253.0 $133.1 $178.2 $2,069.1     During the year ended December 31, 2024, the change in unconsolidated investments primarily relates to $125.0 million of cash contributions to unconsolidated investments, $147.4 million of distributions from unconsolidated investments, $16.5 million associated with the deconsolidations, $6.4 million of gains from unconsolidated investments (net of $6.3 million 

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Table of ContentsKennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements—(continued)December 31, 2024 2023 and 2022

of fair value losses), and a $29.9 million decrease related to other items, which primarily related to foreign exchange movements.As of December 31, 2024 and December 31, 2023, $1,884.4 million and $1,927.0 million, respectively, of unconsolidated investments were accounted for at fair value.  See Note 5 for more detail.Contributions to Joint VenturesDuring the year ended December 31, 2024, Kennedy Wilson contributed $125.0 million to joint ventures, primarily to capital calls with respect to the new European investments in industrial and single family housing, and fund new acquisitions in the Company's new United States based commingled fund and multifamily properties in Western United States with separate account partners.Distributions from Joint VenturesThe following table details cash distributions by investment type and geographic location for the year ended December 31, 2024:MultifamilyCommercialFundsResidential and OtherTotal(Dollars in millions)OperatingInvestingOperatingInvestingOperatingInvestingOperatingInvestingOperatingInvestingWestern U.S.$34.7 $74.4 $9.2 $1.7 $1.3 $2.8 $0.2 $4.5 $45.4 $83.4 Ireland9.8 — 4.3 2.1 — — — — 14.1