KREMI Reports an 11% Growth In Nine Months Net Profit To Total $136.77 million
KREMI Reports an 11% Growth In Nine Months Net Profit To Total $136.77 million
Daily Recommendations – January 11, 2017
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Kingston Properties Limited Completes Acquisition of Building in the Cayman Islands
Kingston Properties Limited Completes Acquisition of Building in the Cayman IslandsKingston Properties Limited (KPREIT) has advised that the Company on January 10, 2017, completed the acquisition of a fully tenanted, mixed use building located in the West Bay Beach South area in the Cayman Islands. KPREIT further discloses:“The building comprises offices, retail outlets and residences along the famous Seven Mile Beach corridor, an area that has seen significant infrastructure improvements, as well as new luxury resort and condo developments over the last three years.“This acquisition represents KPREIT’s first foray into the Cayman Islands, which is a country with a per