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Jun 30, 2022
Kennedy-Wilson Q2 2022 Earnings Report
Reported strong demand for high-quality multifamily properties, resulting in record quarterly same-property revenue growth and higher levels of recurring cash flow.
Key Takeaways
Kennedy Wilson reported Q2 2022 results with strong demand for multifamily properties, leading to record same-property revenue growth of 12%. The company remains well-positioned to execute strategic initiatives, including growing the multifamily portfolio and expanding investment management platforms.
Adjusted EBITDA reached $118 million.
Estimated Annual NOI grew by 19% to $479 million from Q2-21.
Completed $1.7 billion in Investment Transactions in Q2-22.
Fee-Bearing Capital grew by 18% from Q2-21 to $5.3 Billion.