December 13, 2024

Kingston Properties Limited (KPREIT) has advised that the Company closed on the acquisition of a 20,000 SF fully tenanted office building in Bristol, United Kingdom on December 12, 2024. This marks the Group’s first acquisition in the UK and it is part of a strategy of greater geographic diversification. KPREIT has further advised that this acquisition was funded using both debt and the proceeds from the sale of units at Tropic Centre in the Cayman Islands and now brings the geographic dispersion of assets to: Cayman Islands (45%), Jamaica (42%), UK (7%) and US (6%).

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