Business
Barita made yet another strategic real estate purchase
Obrian -
Over the last couple of months, Barita has been ramping up real estate purchases on the North Coast. Earlier in the year, they made purchases in St. Mary with the most notable one being Reggae Beach which was purchased...
Business
Michael Lee-Chin ditches major agriculture project for a more lucrative real estate option
Obrian -
NCB chairman, Michael Lee-Chin is ditching the once ambitious agricultural project which was to be undertaken in Innswood Village, St. Catherine. Over two years ago Mr. Lee-Chin and other investors sketched out a plan to turn the 3,000 acres...
Caribbean
Barita doubles down on real estate with another $1 billion investment
Obrian -
Barita Investments Limited (BIL) siphoned one more $1 billion into MJR Real Estate Holdings Limited in April and June this year. It has begun to offer interest in its property store, its most recent monetary report shows.
The lift to...
Banking
Sagicor is at the final stages of completion of a lucrative residential complex in St. Catherine
Obrian -
Sagicor Group Jamaica (SJ) is at the final stages of completing a lucrative project, the New Brunswick Village commercial and residential complex in Spanish Town, St Catherine. This project was created through Bailey Williams Limited; it marks the first...
Business
FirstRock’s recent name change gave us an idea on its future
Obrian -
FirstRock Capital Holdings Limited changed its name to FirstRock Real Estate Investments Limited (FIRTSROCKJMD) on the Jamaica Stock Exchange (JSE), on July 26, 2022, with a celebratory name-changed function at JSE, 40 Harbor Street, Kingston.
The administrator of FirstRock Real...
News
KPREIT partners with Apex Development Group to acquire properties in Atlanta
Obrian -
Kingston Properties Limited (KPREIT) and outside foreign investors have procured one more property in the cutthroat American market under a US$12.7 million arrangement.
To execute the exchange, KPREIT, through entirely possessed auxiliary Kingston Properties Miami LLC, went into one more...
Business
Saudi Arabian investors showed enthusiasm in Jamaica
Obrian -
Top state leader, the Most Hon. Andrew Holness, got this confirmation from the KSA's Deputy Minister for Investors Outreach, His Excellency Badr Al Badr, during a business lunch meeting facilitated for a 65-part designation visiting Jamaica from the Middle...
Business
Rok Hotel’s presence will help to strengthen downtown Kingston
Obrian -
The Kingston and St. Andrew Municipal Corporation (KSAMC) has invited the recently built ROK Hotel in midtown Kingston as a lift to the revitalization and redevelopment of the bustling business locale.
The office, situated at the intersection of Ocean Boulevard...
Caribbean
Barita steps up real estate investment in St. Mary with another purchase
Obrian -
Barita Investment has yet again made a purchase of prime beachfront property in St. Mary, Jamaica. The size of this landmark purchase is 1600 acres. Lately, the investment entity has been ramping up interest within the local real estate...
News
Disney is investing heavily into residential community projects
Obrian -
Disney is furthering their push into the real estate industry with a new initiative geared towards creating communities for its audience. These would be for customers who would want to extend their experiences beyond the amusement park.
Josh D’Amaro, chairman...
Latest News
Twitter Rebrands to ‘X’
In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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