The Offer
This additional public offering (APO) is an invitation to the public for subscription of new ordinary shares (with the ability to upsize), payable in full on Application. See details below.
Buy Local, Own Global
Kingston Properties Limited (KPREIT) specialises in value-added commercial property investments in the industrial, office, multifamily and mixed-use spaces. Our primary objective is to increase shareholder value through the ownership and management of real estate that will generate sustainable long-term dividends.
You are invited to be part of our next chapter of growth as we continue to build a resilient future.
Additional Public Offering 2022
The KPREIT Additional Public Offering (APO) invites offers for the subscription of up to 200,000,000 New Ordinary Shares (with the ability to upsize to a maximum of 300,000,000 New Ordinary Shares).
Use of Proceeds
The Group has been identifying mainly value-added commercial properties in the Caribbean and the US to provide a better than average risk-adjusted return on investment. Net proceeds from this APO will be used to achieve some key objectives:
- Identify and acquire distressed assets in segments of the real estate market most likely to benefit from the recovery expected post-pandemic
- Increase group equity to J$10B by 2023
- Increase the square footage under ownership or management to 1,000,0000 square feet
Our key priorities over the next 12 months include:
- Capital growth
- Geographic asset portfolio diversification
- Leveraging strategic partnerships for growth
- Executing on our digital roadmap
- Identify and acquire distressed assets in segments of the real estate market most likely to benefit from the recovery expected post-pandemic
- Increase group equity to J$10B by 2023
- Increase the square footage under ownership or management to 1,000,0000 square feet
Historical Performance
A look at some key numbers
About KPREIT
Top 10 Shareholders
Application Process
Thanks for choosing to be a part of the KPREIT family! To complete the process of owning your very own portion of our company, we ask that you please read the full terms and conditions of the invitation in the prospectus before completing the form and accepting the offer.
Application requirements:
- Copy of valid identification (Driver’s License, Passport or National ID) for all individual applicants
- Copy of Tax Registration Number card for all applicants residing in Jamaica
(NB: if the document tendered at Item 1 is the Jamaican driver’s license, this will not be required). - Payment or proof of payment using an approved payment method (where applicable)
- See section 16 of the prospectus for additional details
Kingston Properties Limited
Registered Office:
7 Stanton Terrace, Kingston 6
info@kpreit.com
www.www.kpreit.com
876-620-4920
Corporate Office:
36-38 Red Hills Road, Kingston 10
Building B, 1st Floor,
Arranger and Lead Broker:
VM Wealth Management Limited
53 Knutsford Boulevard, Kingston 5
capitalmarkets@myvmgroup.com
vmwealth.myvmgroup.com
876-960-5000-3
Selling Agents:
Barita Investments, JMMB, JN Fund Managers, Sagicor Investments, Scotia Investments
Mission Statement
To be the premier real estate investing company in Jamaica that acquires, owns, leases and manages real estate properties on behalf of our shareholders.
For more information about the APO contact:
