Company: KW
Filing Date: 2025-11-07
Form Type: 424B3
Source: 0001408100-25-000180
Chunk: 30

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 424B3
Chunk 30
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 joint venture that have a fair value of $20.0 million which was offset by a $17.4 million reduction of a multifamily joint venture that was recapitalized from 51% to 10%. The transaction closed at the end of the period and cash was received in the fourth quarter 2025 and will be treated as an investing distribution in the subsequent period. Please see below for additional details.

As of September 30, 2025 and December 31, 2024, $1,697.7 million and $1,884.4 million, respectively, of unconsolidated investments were accounted for under fair value. See Note 5 for more detail.

Distributions from Joint Ventures

The following table details cash distributions by investment type and geographic location for the nine months ended September 30, 2025:

| (Dollars in millions) |     | Multifamily 
 Operating   |      |     | Investing |       |     | Commercial 
 Operating  |      |     | Investing |   |     | Funds     
 Operating |     |     | Investing |     |     | Residential, Hotel and Other 
 Operating                    |     |     | Investing |       |     | Total     
 Operating |      |     | Investing |       |
|:----------------------|:----|:------------|-----:|:----|:----------|------:|:----|:-----------|-----:|:----|:----------|:--|:----|:----------|----:|:----|:----------|----:|:----|:-----------------------------|----:|:----|:----------|------:|:----|:----------|-----:|:----|:----------|------:|
| Western U.S.          |     | $           | 28.8 |     | $         | 168.6 |     | $          |  6.5 |     | $         | — |     | $         | 0.4 |     | $         | 1.3 |     | $                            | 0.7 |     | $         | 131.2 |     | $         | 36.4 |     | $         | 301.1 |
| Ireland               |     |             |  6.0 |     |           |   0.1 |     |            |  5.6 |     |           | — |     |           |   — |     |           |