Kingston Properties Ltd 2022 Annual Report with Sustainability Disclosures
The report highlights Kingston Properties Limited's (KPREIT) performance for the fiscal year 2022, marking its 15th anniversary. The company achieved record group rental income of $3.3 million and net profits of $3.8 million, representing increases of 12% and 26% year-on-year, respectively. KPREIT successfully raised J$1.55 billion through an oversubscribed Additional Public Offering to fund further geographic diversification and debt reduction. On the sustainability front, the company launched its Green Policy, achieved green certification for three Jamaican properties, and received a Silver Green Business Jamaica Award from NEPA.
Company: Kingston Properties Ltd
Sector: Real estate
Country: Jamaica
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 80
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Kingston Properties Ltd
Annual Report
The report highlights Kingston Properties Limited's (KPREIT) performance for the fiscal year 2022, marking its 15th anniversary. The company achieved record group rental income of $3.3 million and net profits of $3.8 million, representing increases of 12% and 26% year-on-year, respectively. KPREIT successfully raised J$1.55 billion through an oversubscribed Additional Public Offering to fund further geographic diversification and debt reduction. On the sustainability front, the company launched its Green Policy, achieved green certification for three Jamaican properties, and received a Silver Green Business Jamaica Award from NEPA.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Apr 28, 2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available