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KPREIT Seeks Equity Boost for UK Expansion | Jamaica News
Description
Kingston Properties is back on track with a much-anticipated capital raise, aiming to reduce its reliance on loans and strengthen its financial footing before year’s end. With a broker already in place, the company plans a new public offering to fund future growth while balancing its rising debt-to-equity ratio. Their global portfolio spans Jamaica, the Cayman Islands, the UK, and the US—with the UK emerging as a hotspot for opportunistic acquisitions. Already deep in due diligence for a fourth UK property, KPREIT is positioning itself for long-term dividend growth and a more resilient investment profile.
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