Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 21

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 21
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.8% to approximately $31.0 billion as of September 30, 2025. The increase is due to new loan originations in our construction loan portfolio, acquisitions within our commingled fund and increases on foreign assets from rising foreign exchange rates.  These were offset by repayments of construction and bridge loans and the sale of non-core assets.      

Please also see "Fair Value Investments" listed above for a discussion of our fair value investments and accounting methodology and any limitations with respect to the same.

Foreign Currency and Currency Derivative Instruments

Please refer to item 3. Quantitative and Qualitative Disclosures About Market Risk for our discussion regarding foreign currency and currency derivative instruments.  

53

Kennedy Wilson Consolidated Financial Results: Three Months Ended September 30, 2025 Compared to the Three Months Ended September 30, 2024 

Three Months Ended September 30, 2025(Dollars in millions)ConsolidatedCo-InvestmentsTotalSegment RevenueRental$87.2 $— $87.2 Investment management fees— 23.4 23.4 Loans— 5.7 5.7 Total segment revenue87.2 29.1 116.3 Income from unconsolidated investmentsPrincipal co-investments— 25.7 25.7 Carried interests— 8.8 8.8 Company's share of interest, depreciation, and taxes included in income from unconsolidated investments(1)36.1 36.1 Income from unconsolidated investments— 70.6 70.6 Gain on sale of real estate, net11.1 — 11.1 Segment ExpensesRental34.7 — 34.7 Compensation and related6.9 12.7 19.6 Carried interests compensation — 3.0 3.0 General and administrative2.2 3.7 5.9 Other loss2.1 0.7 2.8 Other segment items(1)1.5 (0.1)1.4 Total segment expenses47.4 20.0 67.4 Segment Adjusted EBITDA50.9 79.7 130.6 Reconciliation of Segment Adjusted EBITDA to net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholdersOther revenue0.1