Kingston Properties Limited (KPREIT) Acquires Its Third Asset in the UK

• Kingston Properties Limited (KPREIT) completed the acquisition of its third property in the United Kingdom (UK) on December 24, 2025. The property, known as Lakeview East, is a 17,000 SF Grade A office building located within Crossways Business Park in Dartford, which is a premier commercial park on the immediate outskirts of London.
• The building boasts a strong energy performance rating, aligning with KPREIT’s Environment Social and Governance (ESG) objectives and its disciplined focus on acquiring high-quality assets that meet evolving sustainability standards. The property is leased to a global shipping conglomerate with total assets of £264Mn and a reported net income of £20Mn in 2024. They have been in continuous occupation since 2009.
• Dartford is located approximately 20 minutes outside of Central London and has experienced significant population growth over the last 15 years, ranking among the fastest growing towns in England. Crossways Business Park is a well-established mixed-use development featuring office, industrial, and distribution spaces, attracting a diverse range of businesses.
• This acquisition further strengthens KPREIT’s exposure to resilient commuter-belt office locations supported by robust infrastructure, a diversified employment base, strong fundamentals, and institutional-grade tenants. This property represents the company’s third UK-based acquisition, following the purchase of Aztec West Business Park in December 2024 and Dorking Business Park in March 2025.
• The transaction was funded through a mix of debt and equity, bringing KPREIT’s geographic distribution to: Jamaica (42%), Cayman Islands (39%), the UK (16%) and the US (3%).
• KPREIT’s stock price has decreased 0.4% since the start of the calendar year. The stock closed Monday’s trading session at $9.39 and currently trades at a P/E of 13.8x, which is above the Main Market Real Estate Sector Average of 8.6x

(Sources: JSE & NCBCM Research)