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Kingston Properties prepares acquisitions in 2016

Kingston Properties prepara adquisiciones en 2016

Intel ID : 242900
Synopsis

Kingston Properties (JSE:KPREIT), a Jamaica-based real estate investment trust, expects to announce new acquisitions in 2016, reported Jamaica Observer on 27 November 2016, citing Kingston Properties CEO Kevin Richards.

Although Richards did not reveal details about the acquisitions, he noted the company is in advanced negotiations on two separate property acquisitions that will expand its geographic diversification program.
(content in spanish)

Kingston Properties (JSE:KPREIT), empresa jamaiquina dedicada a la gestión inmobiliaria, espera anunciar nuevas adquisiciones en 2016, según ha informado Jamaica Observer el 27 de noviembre de 2016, citando al CEO Kingston Properties, Kevin Richards.

Aunque no se han revelado mayores detalles de las adquisiciones, Richards ha manifestado que la compañía se encuentra en negociaciones avanzadas en dos adquisiciones de propiedad separada que ampliará el programa de diversificación geográfica.

Intel ID 242900
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Native Currency US Dollar (USD)
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Financial Data - Kingston Properties (KPREIT)
(31 Dec 2013)
Revenue: -
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verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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