Kingston Properties Ltd 2023 AR2
The report highlights Kingston Properties Limited's (KPREIT) financial and operational performance for the fiscal year 2023, marking its 15th anniversary. The company achieved record financial results, with net profit rising to over $4.6 million and total assets reaching $70.9 million. Key milestones included the acquisition of a majority stake in the Grand Harbour Commercial Centre in the Cayman Islands and the disposal of its remaining US condominium. In terms of sustainability, KPREIT upgraded its National Environment Planning Agency (NEPA) Green Business Award to Gold status, introduced a Solar Electricity Project at its Red Hills Road property, and maintained a 98% average tenant occupancy rate.
Company: Kingston Properties Ltd
Sector: Real Estate
Country: Jamaica
Year: 2023
Type: AR2
Pages: 75
Kingston Properties Ltd
Annual Report
The report highlights Kingston Properties Limited's (KPREIT) financial and operational performance for the fiscal year 2023, marking its 15th anniversary. The company achieved record financial results, with net profit rising to over $4.6 million and total assets reaching $70.9 million. Key milestones included the acquisition of a majority stake in the Grand Harbour Commercial Centre in the Cayman Islands and the disposal of its remaining US condominium. In terms of sustainability, KPREIT upgraded its National Environment Planning Agency (NEPA) Green Business Award to Gold status, introduced a Solar Electricity Project at its Red Hills Road property, and maintained a 98% average tenant occupancy rate.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees