U.S. National Income and Product Accounts Gross Domestic Product: Fourth Quarter and Annual 2017
March 01, 2018 Fourth Quarter GDP Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, the Bureau of Economic Analysis reported on the 28th February 2018. This was a .7% decrease from the growth rate of 3.2% reported for the third quarter in 2017. The deceleration in real GDP growth in the fourth quarter reflected a downturn in private inventory investment that was partly offset by accelerations in personal consumption expenditure (PCE), exports, state and local government spending, non-residential fixed investment, and federal government spending, and an upturn in residential fixed
KPREIT reports 39% decline in year end profit
March 01, 2018 Kingston Properties Limited reported Rental Income of $196.32 million, 50.49% more than the $130.46 million reported for 2016. Property management fee of $7.96 million was reported for 2017 relative to none reported in 2016. There was no Other Income reported in 2017 and according to the company. This resulted in a 56.59% increase in total revenues year over year to $204.28 million relative to $130.46 million reported the prior year. For the fourth quarter the company reported total revenue of $49.65 million relative to (2016: $18.72 million). Operating expenses grew by 26.52% to $124.33 million relative to the
Sagicor combines Hotel Operations with Playa Hotels and Resorts in major multi-national deal
March 01, 2018 Please click link below to view advisory from Sagicor Real Estate X Fund Ltd (XFUND) and Sagicor Group Jamaica Limited (SJ). News-Release-Sagicor-Combines-Hotel-Operations-with-Playa-Hotels-and-Resorts The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.