KPREIT - Signing of MOU

KPREIT - Signing of MOU

 Kingston Properties Limited (KPREIT) has advised that KPREIT signed an MOU with CEMEX Jamaica Limited to begin planning and construction of 105 affordable houses in Westmoreland, Jamaica. KPREIT further advised that the housing project is expected to be approximately $700 million with a completion timeframe of 18 to 24 months and will comprise primarily 2- bedroom homes.