Company: KW
Filing Date: 2025-11-07
Form Type: 424B3
Source: 0001408100-25-000180
Chunk: 59

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 424B3
Chunk 59
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#### Co-Investment Portfolio
Co-Investment Portfolio consists of the co-investments in real estate and real estate-related assets, including loans secured by real estate, that the Company has made through the commingled funds and joint ventures that it manages. The Company utilizes different platforms in the Co-Investment Portfolio segment depending on the asset and risk return profiles.

In addition, the Company manages real estate assets and loans for the Company's equity partner. In the Company's capacity as manager it earns fees (including, without limitation, asset management fees, construction management fees, and/or acquisition and disposition fees) and carried interests.

The following tables summarize income activity by segment for the three and nine months ended September 30, 2025 and 2024 and balance sheet data as of September 30, 2025 and December 31, 2024:

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#### Kennedy-Wilson Holdings, Inc.

### Notes to Consolidated Financial Statements
<div align='center'>(Unaudited)</div>

|                                                                                                                         |     | Three Months Ended September 30, 2025 |      |     |                |      |     |       |       |
|:------------------------------------------------------------------------------------------------------------------------|:----|:--------------------------------------|-----:|:----|:---------------|-----:|:----|:------|------:|
| (Dollars in millions)                                                                                                   |     | Consolidated                          |      |     | Co-Investments |      |     | Total |       |
| Segment Revenue                                                                                                         |     |                                       |      |     |                |      |     |       |       |
| Rental                                                                                                                  |     | $                                     | 87.2 |     | $              |    — |     | $     |  87.2 |
| Investment management fees                                                                                              |     |                                       |    — |     |                | 23.4 |     |       |  23.4 |
| Loans                                                                                                                   |     |                                       |    — |     |                |  5.7 |     |       |   5.7 |
| Total segment revenue                                                                                                   |     |                                       | 87.2 |     |                | 29.1 |     |       | 116.3 |
| Income from unconsolidated investments                                                                                  |     |                                       |      |     |                |      |     |       |       |
| Principal co-investments                                                                                                |     |                                       |    — |     |