Kennedy-Wilson Reports Q1 2025 Financial Results

Kennedy-wilson ( (KW) ) has released its Q1 earnings. Here is a breakdown of the information Kennedy-wilson presented to its investors.

Kennedy-Wilson Holdings, Inc. is a global real estate investment company with $29 billion in assets under management, specializing in real estate equity and debt investments across the United States, UK, and Ireland. In its first quarter of 2025, Kennedy-Wilson reported a GAAP net loss of $40.8 million, a significant decline from the previous year’s profit of $26.9 million. Despite this, the company saw a 5% increase in baseline EBITDA to $108 million, driven by higher property net operating income and investment management fees. The company also increased its investment management fees by 17% to $25 million, reflecting strong activity in its debt investment platform. Kennedy-Wilson’s multifamily portfolio showed a 4.3% growth in net operating income, with a total of 65,000 units under management. The company also reported a robust pipeline of over $1 billion in new originations for the second quarter of 2025, primarily in multifamily and student housing projects. Looking ahead, Kennedy-Wilson plans to generate over $400 million from non-core asset sales to reduce unsecured debt and support the growth of its investment management platform.