Company: KW
Filing Date: 2025-11-07
Form Type: 424B3
Source: 0001408100-25-000180
Chunk: 29

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 424B3
Chunk 29
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 |     | $     | 1,426.5 |
| Ireland               |     |             |   279.2 |     |            | 125.1 |     |       |     — |     |       |  4.9 |     |                       |     — |     |       |   409.2 |
| United Kingdom        |     |             |     7.7 |     |            | 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 unconsolidated investments (which includes fair value movements) and a $52.4 million increase related to foreign exchange movements. There were $16.6 million related to other items, which was primarily due to the Company (i) completing a deed-in-lieu transaction on a bridge loan on a retail center located in the South Bay area in Southern California that is now treated as an unconsolidated investment in the underlying real estate in which the Company's share of the loan was $14.4 million and (ii) making a contribution of three wholly-owned, vacant parcels to its residential development