Company: KW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001408100-25-000084
Chunk: 84

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 2
Chunk 84
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202838 0.4 15.0 11 %202953 0.5 26.7 20 %203017 0.2 4.4 3 %203115 0.2 9.0 7 %203213 0.2 4.8 4 %203311 0.2 6.3 5 %203421 0.1 11.8 8 %Thereafter11 0.1 2.0 1 %Total367 3.8 $135.7 100 %

(1) Dollars and square footage in millions. 

Our corporate headquarters are located in Beverly Hills, California. We also have ten other offices throughout the United States, one office in London, UK, one office in Dublin, Ireland and one office in Tokyo, Japan. The Beverly Hills office operates as the main investment and asset management center for us in the United States, while the UK and Ireland offices are the main investment and asset management centers for our European operations. We own our corporate headquarters and our office in Dublin, Ireland and lease all of our remaining offices. In addition, we have on-site property management offices located within properties that we manage. The most significant terms of the leasing arrangements for our offices are the length of the lease and the rent. Our leases have terms varying in duration. The rent payable under our office leases vary significantly from location to location as a result of differences in prevailing commercial real estate rates in different geographic locations. Our management believes that except as provided below, no single office lease is material to our business, results of operations or financial condition. In addition, our management believes there is adequate alternative office space available at acceptable rental rates to meet our needs, although adverse movements in rental rates in some markets may negatively affect our profits in those markets when we enter into new leases.

The following table sets forth certain information regarding our corporate headquarters and foreign regional offices.

LocationUseApproximateSquare FootageLease ExpirationBeverly Hills, CACorporate Headquarters60,000 N/A*London, EnglandRegional Office8,147 3/3/2033Dublin, IrelandRegional Office17,000 N/A*

*Building is owned by a wholly-owned subsidiary of the Company.