Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 171

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 171
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ingled 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.

52

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 June 30, 2025 Compared to the Three Months Ended June 30, 2024 

Three Months Ended June 30, 2025(Dollars in millions)ConsolidatedCo-InvestmentsTotalSegment RevenueRental$93.3 $— $93.3 Investment management fees— 36.4 36.4 Loans— 5.7 5.7 Total segment revenue93.3 42.1 135.4 Income from unconsolidated investmentsPrincipal co-investments— 1.8 1.8 Carried interests— (2.0)(2.0)Company's share of interest, depreciation, and taxes included in income from unconsolidated investments(1)34.2 34.2 Income from unconsolidated investments— 34.0 34.0 Gain on sale of real estate, net55.1 — 55.1 Segment ExpensesRental35.4 — 35.4 Compensation and related8.7 12.6 21.3 Carried interests compensation — (0.6)(0.6)General and administrative3.6 3.7 7.3 Other loss1.5 2.2 3.7 Other segment items(1)2.8 (0.1)2.7 Total segment expenses52.0 17.8 69.8 Segment Adjusted EBITDA96.4 58.3 154.7 Reconciliation of Segment Adjusted EBITDA to net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholdersOther revenue0.3 Compensation and related, corporate(11.0)General and administrative, corporate(1.5)Depreciation and amortization(34.5)Interest expense(