Kingston Properties Limited (KPREIT) – Resignation/Appointment of Executive Director

Posted: October 6, 2015 at 5:02 pm

Kingston Properties Limited (KPREIT) has advised that Mrs. Fayval Williams, Executive Director of KPREIT has resigned effective October 31, 2015. KPREIT further advised that Mr. Kevin Richards, formerly of Sterling Asset Management was offered and accepted the position of CEO. Mr. Ricard’s appointment becomes effective November 2, 2015.


Kingston Properties Limited (KPREIT) Raises $650M in Rights Issue

Posted: August 13, 2015 at 6:27 pm

Kingston Properties Limited (KPREIT) advises that approximately Six Hundred and Fifty Million Dollars ($650,000,000) was raised from a recent Rights Issue. The Rights Issued opened on Wednesday, July 22, 2015 was extended by a week to close on Friday; August 7, 2015 and had over one hundred (100) subscribers. KPREIT reports currently owning fifteen (15) units […]


Kingston Properties Limited (KPREIT) Extends Closing Date for Rights Offer

Posted: August 3, 2015 at 12:21 pm

Kingston Properties Limited (KPREIT) advises that its Board of Directors has approved an extension to the renunciation and closing dates of the Rights Offer to Tuesday, August 4, 2015 (for renunciation) and Friday, August 7, 2015 (for acceptance) respectively. The extension is to allow all shareholders the ability to renounce and/or apply for shares in […]


Kingston Properties Ltd – Annual General Meeting

Posted: April 24, 2015 at 12:00 am

The Annual General Meeting for Kingston Properties Limited will be held on May 14, 2015 at the Courtleigh Hotel & Suites at 85 Knutsford Boulevard, Kingston 5 at 10:30am.


Kingston Properties Limited – Declared Dividend

Posted: March 16, 2015 at 12:00 am

Kingston Properties Ltd has advised that the Board of Directors at its round robin on March 12, 2015 declared a dividend of US$0.0029 per stock unit payable on April 8, 2015 to stockholders on record as at March 26, 2015. The Ex date is March 24, 2015.


Kingston Properties Ltd – Sale of Property

Posted: January 27, 2015 at 12:00 am

Kingston Properties Limited has advised that it has sold its office & warehouse property located at 83 Hagley Park Road effective January 6, 2015 for approximately Two Hundred And Thirty Million Dollars ($230 million). Net proceeds of the sale are expected to be invested in other properties. Over the five years holding period, Total Return […]


Kingston Properties Ltd – Completion of Sale and Purchase of Property

Posted: September 2, 2014 at 12:00 am

Kingston Properties Ltd has advised that they have successfully concluded the sale of 4 of its 19 residential condominium units for approximately US$980,000, realizing cumulative gains of 69.5% over the four year holding period. The Company, re-invested the net proceeds in a 19 unit residential apartment building in an area of Miami. The property was […]