Kennedy Wilson Holdings Inc., a Delaware corporation, has reported significant activity in its strategic asset recycling plan and investment management platform for the quarter ended June 30, 2025. During this period, the company successfully completed the sale of two office buildings in Dublin, Ireland, an office building in Italy, and a multifamily property in Richmond, CA, generating approximately $250 million in cash. This figure surpasses their previously announced target of $200 million for the quarter. The sales and recapitalizations also yielded a gain of around $45 million to $50 million, excluding non-cash fair value or other adjustments unrelated to these transactions. Proceeds from these activities have primarily been directed towards reducing the company's unsecured debt, with $170 million used to reduce the outstanding amount under the corporate line of credit. In terms of investment activity, Kennedy Wilson acquired four multifamily properties in the Mountain West and Pacific Northwest for a total of approximately $387 million, investing about $17 million with a weighted average ownership of 12%. Additionally, the company's UK single-family rental housing joint venture purchased two development sites for $102 million, holding a 10% ownership stake. Furthermore, the company originated 13 real estate construction loans totaling $1.2 billion in loan commitments, with its share being 2.5%. These activities are part of Kennedy Wilson's ongoing strategy to optimize its asset portfolio and enhance its investment management capabilities.