<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2025 Workiva-->
<!--r:6cfe4ea2-a141-47ee-8adf-2654333a93e3,g:0eb9dd05-ff1d-4ef7-b04e-93561ee2bf15-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.kennedywilson.com/role/CoverPage" xlink:type="simple" xlink:href="kw-20250605.xsd#CoverPage"/>
  <link:presentationLink xlink:role="http://www.kennedywilson.com/role/CoverPage" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType_b780eedb-6dbd-4e09-be0b-a9836f5919ec" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_DocumentType_b780eedb-6dbd-4e09-be0b-a9836f5919ec" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate_257d3f1d-f053-4ef4-9fea-c0a3dffdc48d" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_DocumentPeriodEndDate_257d3f1d-f053-4ef4-9fea-c0a3dffdc48d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName_616d401c-484e-4edd-b23a-12eb1b29908d" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityRegistrantName_616d401c-484e-4edd-b23a-12eb1b29908d" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode_686a2b5a-d5b3-4acc-a072-5d88039e55dc" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityIncorporationStateCountryCode_686a2b5a-d5b3-4acc-a072-5d88039e55dc" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber_96356972-da4b-415b-8d16-dddaa892d2e5" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityFileNumber_96356972-da4b-415b-8d16-dddaa892d2e5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber_01e98f0d-7fda-4b6d-9145-5286d8759343" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityTaxIdentificationNumber_01e98f0d-7fda-4b6d-9145-5286d8759343" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1_18ecc003-400c-4ab6-9dce-c0b5a5bf4635" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityAddressAddressLine1_18ecc003-400c-4ab6-9dce-c0b5a5bf4635" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown_ffb99d53-431f-4a26-b485-91e2c50d5780" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityAddressCityOrTown_ffb99d53-431f-4a26-b485-91e2c50d5780" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince_ee015638-b1a1-4f5e-a3de-cbc875c79153" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressStateOrProvince"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityAddressStateOrProvince_ee015638-b1a1-4f5e-a3de-cbc875c79153" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode_6bf52a50-4c0f-4e2b-9a1c-908607dc9314" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityAddressPostalZipCode_6bf52a50-4c0f-4e2b-9a1c-908607dc9314" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode_5c3571bb-5221-42e5-8348-7fa6b727b4b8" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode"/>
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_CityAreaCode_5c3571bb-5221-42e5-8348-7fa6b727b4b8" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber_517f8c84-d4a4-47dd-ac95-4946eadb05de" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber"/>
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_LocalPhoneNumber_517f8c84-d4a4-47dd-ac95-4946eadb05de" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_WrittenCommunications_9a439263-b3d6-4b03-94ea-1934fc1578e9" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_WrittenCommunications"/>
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_WrittenCommunications_9a439263-b3d6-4b03-94ea-1934fc1578e9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SolicitingMaterial_420f22be-e83b-40d2-8f44-f36a4c16ddb5" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SolicitingMaterial"/>
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_SolicitingMaterial_420f22be-e83b-40d2-8f44-f36a4c16ddb5" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementTenderOffer_99df8f9e-9969-4baf-8db3-66f11f19905e" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementTenderOffer"/>
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_PreCommencementTenderOffer_99df8f9e-9969-4baf-8db3-66f11f19905e" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_0b7afc64-cd8c-4026-ad15-29309b56ea39" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_PreCommencementIssuerTenderOffer"/>
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_0b7afc64-cd8c-4026-ad15-29309b56ea39" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany_d00823c6-fea2-44da-aee7-2727901e807b" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityEmergingGrowthCompany_d00823c6-fea2-44da-aee7-2727901e807b" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle_5fe4f4c5-abbb-4192-88ca-4b79097c1336" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle"/>
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_Security12bTitle_5fe4f4c5-abbb-4192-88ca-4b79097c1336" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol_a3768384-1fff-4d84-8663-f0483ffcc6a9" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol"/>
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_TradingSymbol_a3768384-1fff-4d84-8663-f0483ffcc6a9" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName_8b409cf3-f6dd-4b6c-b825-5c68c618cd87" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName"/>
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_SecurityExchangeName_8b409cf3-f6dd-4b6c-b825-5c68c618cd87" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey_bf794958-e298-4f3a-9814-c1aa34397f93" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey"/>
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_EntityCentralIndexKey_bf794958-e298-4f3a-9814-c1aa34397f93" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag_f044e057-255d-4b56-808c-5f41c9d14367" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag"/>
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_cd3070a4-27b3-457e-9c9c-a180a1a2cd08" xlink:to="loc_dei_AmendmentFlag_f044e057-255d-4b56-808c-5f41c9d14367" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
  </link:presentationLink>
</link:linkbase>
