Special Advisory: Kingston Properties Limited (KPREIT)

September 10, 2021

Kingston Properties Limited (KPREIT) has advised that the Company has entered into an agreement to acquire three (3) of four (4) pre-construction units in a mixed-use industrial development in the Cayman Islands called Gum Tree 5. The units are slated for completion in October 2022 and are being acquired for a consideration of approximately US$3.13 million. KPREIT has an option to acquire the fourth unit at the completion date.

 

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2021-09-10T16:09:20-05:00