Kingston Properties Ltd 2021 Annual Report with Sustainability Disclosures
The report highlights Kingston Properties Limited's record financial performance and strategic expansion in 2021. The company achieved a 40% increase in group rental income year-on-year to $2.98 million, pushing net operating income up by 65% to $1.7 million. Key acquisitions were made in Atlanta, Georgia, and the Cayman Islands, expanding the geographically diversified real estate portfolio. On the sustainability front, the company established a green policy with a target to achieve Green Certification for its properties by 2024, completing energy-efficient upgrades such as a new VRF air-conditioning system at its Grenada Crescent property.
Company: Kingston Properties Ltd
Sector: Real estate
Country: Jamaica
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 70
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Kingston Properties Ltd
Annual Report
The report highlights Kingston Properties Limited's record financial performance and strategic expansion in 2021. The company achieved a 40% increase in group rental income year-on-year to $2.98 million, pushing net operating income up by 65% to $1.7 million. Key acquisitions were made in Atlanta, Georgia, and the Cayman Islands, expanding the geographically diversified real estate portfolio. On the sustainability front, the company established a green policy with a target to achieve Green Certification for its properties by 2024, completing energy-efficient upgrades such as a new VRF air-conditioning system at its Grenada Crescent property.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
May 30, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available