<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<!--
  This file is part of the Dutch Taxonomy (Nederlandse Taxonomie; NT)
  Intellectual Property of the State of the Netherlands
  Architecture: NT13
  Version: 20181212.a
  Release date: Tue Jun 19 09:00:00 2018
-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink">
  <link:roleRef roleURI="urn:kvk:linkrole:compound-cash-flow-statement-housing" xlink:href="../dictionary/kvk-linkroles-housing.xsd#kvk-lr-ti_CompoundCashFlowStatementHousing" xlink:type="simple"/>
  <link:presentationLink xlink:role="urn:kvk:linkrole:compound-cash-flow-statement-housing" xlink:type="extended">
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_BalanceCashInflows" xlink:label="bzk-ti-i_BalanceCashInflows_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_BalanceCashOutflows" xlink:label="bzk-ti-i_BalanceCashOutflows_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_BalanceFinancialFixedAssets" xlink:label="bzk-ti-i_BalanceFinancialFixedAssets_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_CashFlowPPEActivities" xlink:label="bzk-ti-i_CashFlowPPEActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_ChangesShortTermCashAndCashEquivalents" xlink:label="bzk-ti-i_ChangesShortTermCashAndCashEquivalents_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_CorporateTaxClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_CorporateTaxClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_DemolitionExpensesHousingAndNonHousingUnits" xlink:label="bzk-ti-i_DemolitionExpensesHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_DivestmentInvestmentProceedsOther" xlink:label="bzk-ti-i_DivestmentInvestmentProceedsOther_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_DividendsPaidClassifiedAsInvestingActivities" xlink:label="bzk-ti-i_DividendsPaidClassifiedAsInvestingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_ExternalCostAtSale" xlink:label="bzk-ti-i_ExternalCostAtSale_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_IncomeCommercialRealEstate" xlink:label="bzk-ti-i_IncomeCommercialRealEstate_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_IncomeCompounds" xlink:label="bzk-ti-i_IncomeCompounds_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_IncomeDependentHousingUnits" xlink:label="bzk-ti-i_IncomeDependentHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_IncomeIndependentRentalProperties" xlink:label="bzk-ti-i_IncomeIndependentRentalProperties_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_IncomeOtherClassifiedAsInvestingProperties" xlink:label="bzk-ti-i_IncomeOtherClassifiedAsInvestingProperties_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_IncomeParkingFacilities" xlink:label="bzk-ti-i_IncomeParkingFacilities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_InterestPaidExcludingInternalLoansClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_InterestPaidExcludingInternalLoansClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_InterestPaidInternalLoansClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_InterestPaidInternalLoansClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_InterestReceivedExcludingInternalLoansClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_InterestReceivedExcludingInternalLoansClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_InternalLoansReceivedClassifiedAsFinancingActivities" xlink:label="bzk-ti-i_InternalLoansReceivedClassifiedAsFinancingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_InvestmentOtherFromInvestingActivities" xlink:label="bzk-ti-i_InvestmentOtherFromInvestingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_LessorLevy" xlink:label="bzk-ti-i_LessorLevy_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_LiveabilityExpensesExternalExpensesNoninvestmentRelated" xlink:label="bzk-ti-i_LiveabilityExpensesExternalExpensesNoninvestmentRelated_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_LiveabilityExternalExpensesProjectRelated" xlink:label="bzk-ti-i_LiveabilityExternalExpensesProjectRelated_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses" xlink:label="bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_NewBuildingsSaleHousingAndNonHousingUnits" xlink:label="bzk-ti-i_NewBuildingsSaleHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_NewNonDAEBInvestmentNonWSWSecuredLoans" xlink:label="bzk-ti-i_NewNonDAEBInvestmentNonWSWSecuredLoans_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses" xlink:label="bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits" xlink:label="bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_PaymentsCompoundClassifiedAsInvestingActivities" xlink:label="bzk-ti-i_PaymentsCompoundClassifiedAsInvestingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits" xlink:label="bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_PaymentsOtherClassifiedAsInvestingActivities" xlink:label="bzk-ti-i_PaymentsOtherClassifiedAsInvestingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_PurchaseHousingAndNonHousingUnits" xlink:label="bzk-ti-i_PurchaseHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_PurchaseHousingUnitsVOVForResale" xlink:label="bzk-ti-i_PurchaseHousingUnitsVOVForResale_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_PurchaseLand" xlink:label="bzk-ti-i_PurchaseLand_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_ReceiptsCompaniesOther" xlink:label="bzk-ti-i_ReceiptsCompaniesOther_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_ReceiptsGovernment" xlink:label="bzk-ti-i_ReceiptsGovernment_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_RedemptionNonDAEBInvestmentNonWSWSecuredLoans" xlink:label="bzk-ti-i_RedemptionNonDAEBInvestmentNonWSWSecuredLoans_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_Reimbursements" xlink:label="bzk-ti-i_Reimbursements_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities" xlink:label="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_RepaymentsExistingLoansFromTIClassifiedAsFinancingActivities" xlink:label="bzk-ti-i_RepaymentsExistingLoansFromTIClassifiedAsFinancingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_RepaymentsInternalLoansClassifiedAsFinancingActivities" xlink:label="bzk-ti-i_RepaymentsInternalLoansClassifiedAsFinancingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_SalesIncomeHousingUnitsVOVAfterPurchaseInDPIPeriod" xlink:label="bzk-ti-i_SalesIncomeHousingUnitsVOVAfterPurchaseInDPIPeriod_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_SalesIncomeLand" xlink:label="bzk-ti-i_SalesIncomeLand_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_SalesIncomeNewBuildingsHousingAndNonHousingUnits" xlink:label="bzk-ti-i_SalesIncomeNewBuildingsHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_SalesIncomeRentOfHousingAndNonHousingUnits" xlink:label="bzk-ti-i_SalesIncomeRentOfHousingAndNonHousingUnits_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../bzk/20181212.a/dictionary/bzk-ti-data.xsd#bzk-ti-i_SectorSpecificLevyIndependentOfResult" xlink:label="bzk-ti-i_SectorSpecificLevyIndependentOfResult_loc" xlink:type="locator"/>
    <link:loc xlink:href="kvk-abstracts.xsd#kvk-abstr_CashFlowStatementCompleteTitle" xlink:label="kvk-abstr_CashFlowStatementCompleteTitle_loc" xlink:type="locator"/>
    <link:loc xlink:href="kvk-abstracts.xsd#kvk-abstr_CashFlowStatementTitle" xlink:label="kvk-abstr_CashFlowStatementTitle_loc" xlink:type="locator"/>
    <link:loc xlink:href="kvk-abstracts.xsd#kvk-abstr_PeriodEndTitle" xlink:label="kvk-abstr_PeriodEndTitle_loc" xlink:type="locator"/>
    <link:loc xlink:href="kvk-abstracts.xsd#kvk-abstr_PeriodStartTitle" xlink:label="kvk-abstr_PeriodStartTitle_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_CashAndCashEquivalentsCashFlow" xlink:label="rj-i_CashAndCashEquivalentsCashFlow_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_CashFlowFinancingActivities" xlink:label="rj-i_CashFlowFinancingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_CashFlowInvestingActivities" xlink:label="rj-i_CashFlowInvestingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_CashFlowOperatingActivities" xlink:label="rj-i_CashFlowOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_IncreaseDecreaseCashAndCashEquivalents" xlink:label="rj-i_IncreaseDecreaseCashAndCashEquivalents_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_InterestPaidClassifiedAsOperatingActivities" xlink:label="rj-i_InterestPaidClassifiedAsOperatingActivities_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_NetCashFlows" xlink:label="rj-i_NetCashFlows_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_PaymentsEmployees" xlink:label="rj-i_PaymentsEmployees_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_ProceedsSalesPropertyPlantAndEquipment" xlink:label="rj-i_ProceedsSalesPropertyPlantAndEquipment_loc" xlink:type="locator"/>
    <link:loc xlink:href="../../../rj/20181212.a/dictionary/rj-data.xsd#rj-i_PurchasePropertyPlantEquipment" xlink:label="rj-i_PurchasePropertyPlantEquipment_loc" xlink:type="locator"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashInflows_loc" xlink:to="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashInflows_loc" xlink:to="bzk-ti-i_Reimbursements_loc" xlink:type="arc"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashInflows_loc" xlink:to="bzk-ti-i_ReceiptsGovernment_loc" xlink:type="arc"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashInflows_loc" xlink:to="bzk-ti-i_ReceiptsCompaniesOther_loc" xlink:type="arc"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashInflows_loc" xlink:to="bzk-ti-i_InterestReceivedExcludingInternalLoansClassifiedAsOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="bzk-ti-i_GroundLeaseExpensesClassifiedAsOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="rj-i_PaymentsEmployees_loc" xlink:type="arc"/>
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="bzk-ti-i_MaintenanceExpensesClassifiedAsOperatingExpenses_loc" xlink:type="arc"/>
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="bzk-ti-i_OperatingExpensesOtherClassifiedAsOperatingExpenses_loc" xlink:type="arc"/>
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="rj-i_InterestPaidClassifiedAsOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="bzk-ti-i_SectorSpecificLevyIndependentOfResult_loc" xlink:type="arc"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="bzk-ti-i_LessorLevy_loc" xlink:type="arc"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="bzk-ti-i_LiveabilityExpensesExternalExpensesNoninvestmentRelated_loc" xlink:type="arc"/>
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceCashOutflows_loc" xlink:to="bzk-ti-i_CorporateTaxClassifiedAsOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceFinancialFixedAssets_loc" xlink:to="bzk-ti-i_IncomeCompounds_loc" xlink:type="arc"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceFinancialFixedAssets_loc" xlink:to="bzk-ti-i_IncomeOtherClassifiedAsInvestingProperties_loc" xlink:type="arc"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceFinancialFixedAssets_loc" xlink:to="bzk-ti-i_PaymentsCompoundClassifiedAsInvestingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceFinancialFixedAssets_loc" xlink:to="bzk-ti-i_PaymentsOtherClassifiedAsInvestingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_BalanceFinancialFixedAssets_loc" xlink:to="bzk-ti-i_DividendsPaidClassifiedAsInvestingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_CashFlowPPEActivities_loc" xlink:to="rj-i_ProceedsSalesPropertyPlantAndEquipment_loc" xlink:type="arc"/>
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_CashFlowPPEActivities_loc" xlink:to="rj-i_PurchasePropertyPlantEquipment_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_IncomeIndependentRentalProperties_loc" xlink:type="arc"/>
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_IncomeDependentHousingUnits_loc" xlink:type="arc"/>
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_IntramuralIncomeClassifiedAsOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_IncomeCommercialRealEstate_loc" xlink:type="arc"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="bzk-ti-i_RentalIncomeClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_IncomeParkingFacilities_loc" xlink:type="arc"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_CashFlowStatementCompleteTitle_loc" xlink:to="kvk-abstr_CashFlowStatementTitle_loc" xlink:type="arc"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_CashFlowStatementCompleteTitle_loc" xlink:to="kvk-abstr_PeriodStartTitle_loc" xlink:type="arc"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_CashFlowStatementCompleteTitle_loc" xlink:to="kvk-abstr_PeriodEndTitle_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_CashFlowStatementTitle_loc" xlink:to="rj-i_CashFlowOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_CashFlowStatementTitle_loc" xlink:to="rj-i_CashFlowInvestingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_CashFlowStatementTitle_loc" xlink:to="rj-i_CashFlowFinancingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_CashFlowStatementTitle_loc" xlink:to="rj-i_IncreaseDecreaseCashAndCashEquivalents_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_PeriodEndTitle_loc" xlink:to="rj-i_CashAndCashEquivalentsCashFlow_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="kvk-abstr_PeriodStartTitle_loc" xlink:to="rj-i_CashAndCashEquivalentsCashFlow_loc" xlink:type="arc"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowFinancingActivities_loc" xlink:to="bzk-ti-i_NewNonDAEBInvestmentNonWSWSecuredLoans_loc" xlink:type="arc"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowFinancingActivities_loc" xlink:to="bzk-ti-i_InternalLoansReceivedClassifiedAsFinancingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowFinancingActivities_loc" xlink:to="bzk-ti-i_RedemptionNonDAEBInvestmentNonWSWSecuredLoans_loc" xlink:type="arc"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowFinancingActivities_loc" xlink:to="bzk-ti-i_RepaymentsInternalLoansClassifiedAsFinancingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowFinancingActivities_loc" xlink:to="bzk-ti-i_RepaymentsExistingLoansFromTIClassifiedAsFinancingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowInvestingActivities_loc" xlink:to="bzk-ti-i_CashFlowPPEActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowInvestingActivities_loc" xlink:to="bzk-ti-i_BalanceFinancialFixedAssets_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowOperatingActivities_loc" xlink:to="bzk-ti-i_BalanceCashInflows_loc" xlink:type="arc"/>
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_CashFlowOperatingActivities_loc" xlink:to="bzk-ti-i_BalanceCashOutflows_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_IncreaseDecreaseCashAndCashEquivalents_loc" xlink:to="rj-i_NetCashFlows_loc" xlink:type="arc"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_IncreaseDecreaseCashAndCashEquivalents_loc" xlink:to="bzk-ti-i_ChangesShortTermCashAndCashEquivalents_loc" xlink:type="arc"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_InterestPaidClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_InterestPaidExcludingInternalLoansClassifiedAsOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_InterestPaidClassifiedAsOperatingActivities_loc" xlink:to="bzk-ti-i_InterestPaidInternalLoansClassifiedAsOperatingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_ProceedsSalesPropertyPlantAndEquipment_loc" xlink:to="bzk-ti-i_SalesIncomeRentOfHousingAndNonHousingUnits_loc" xlink:type="arc"/>
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_ProceedsSalesPropertyPlantAndEquipment_loc" xlink:to="bzk-ti-i_SalesIncomeHousingUnitsVOVAfterPurchaseInDPIPeriod_loc" xlink:type="arc"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_ProceedsSalesPropertyPlantAndEquipment_loc" xlink:to="bzk-ti-i_SalesIncomeNewBuildingsHousingAndNonHousingUnits_loc" xlink:type="arc"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_ProceedsSalesPropertyPlantAndEquipment_loc" xlink:to="bzk-ti-i_SalesIncomeLand_loc" xlink:type="arc"/>
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_ProceedsSalesPropertyPlantAndEquipment_loc" xlink:to="bzk-ti-i_DivestmentInvestmentProceedsOther_loc" xlink:type="arc"/>
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_PaymentsNewBuildingsRentHousingAndNonHousingUnits_loc" xlink:type="arc"/>
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_PaymentsAccommodationImprovementsHousingAndNonHousingUnits_loc" xlink:type="arc"/>
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_LiveabilityExternalExpensesProjectRelated_loc" xlink:type="arc"/>
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_PurchaseHousingAndNonHousingUnits_loc" xlink:type="arc"/>
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_NewBuildingsSaleHousingAndNonHousingUnits_loc" xlink:type="arc"/>
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_PurchaseHousingUnitsVOVForResale_loc" xlink:type="arc"/>
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_DemolitionExpensesHousingAndNonHousingUnits_loc" xlink:type="arc"/>
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_PurchaseLand_loc" xlink:type="arc"/>
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_InvestmentOtherFromInvestingActivities_loc" xlink:type="arc"/>
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="rj-i_PurchasePropertyPlantEquipment_loc" xlink:to="bzk-ti-i_ExternalCostAtSale_loc" xlink:type="arc"/>
  </link:presentationLink>
</link:linkbase>
