KNTYR Acquires Two Properties and Establishes Kintyre Real Estate Investment Trust (Kintyre REIT)

• Kintyre Holdings (JA) Limited has acquired two real estate properties, one located in Discovery Bay, St. Ann, Jamaica, and the other in the luxurious five islands, located in Trinidad and Tobago. The combined value of these assets exceeds US$1 million, increasing the Company’s total real estate holdings across the group to over J$350 million.
• These two new properties will form the initial asset base of the Kintyre Real Estate Investment Trust (Kintyre REIT), a newly formed entity within the Company. The REIT will be established through a Special Purpose Vehicle (SPV) and will operate independently of Parallel Real Estate Ventures.
• The Kintyre REIT is being structured to provide long-term, stable returns to investors through rental income and asset appreciation. Upon Board approval, Kintyre REIT is expected to implement a dividend distribution policy whereby a minimum of eighty per cent (80%) of profits will be paid to shareholders, consistent with international REIT standards.
• KNTYR’s stock price has depreciated 15.4% year-to-date, closing at $0.44 on Monday, December 8, 2025. At this price, the stock is trading at a price-to-earnings (P/E) ratio of 2.2x, which is below the Junior Market Others Sector’s average of 16.2x.

(Sources: JSE & NCBCM Research)