Realty Check

Patrick Foster Thursday, December 17, 2009 GOVERNMENT is to replace Earl Samuels as managing director of the National Housing Trust (NHT) next January, in a major shake-up at the island’s premier housing organisation. Samuels’ contract expires on December 31, and according to NHT Chairman Howard Mitchell it will not be renewed as the organisation is [...]

Published: Friday | December 18, 2009 Sabrina Gordon, Business Reporter Barbican Estates Limited (BEL), a nascent company, has chosen as its first venture the development of new commercial space in the busy and often congested Barbican Square, where commerce, on the face, of it is thriving. On a 1.13-acre property, Barbican Estates will, within weeks, [...]

Published: Friday | December 18, 2009 Daraine Luton, Senior Staff Reporter FINANCE MINISTER Audley Shaw yesterday announced the largest tax package of the calendar year as the Government moved to plug a $17.9-billion hole in the Budget. The package, the third announced by Shaw this fiscal year, is intended to raise $21.8 billion annualised through [...]

KINGSTON (JIS): Wednesday, December 16, 2009 Prime Minister the Hon. Bruce Golding The House of Representatives yesterday (December 15) passed the Registration (Strata Titles) Amendment Act with the 29 changes made by the Senate. Prime Minister, the Hon. Bruce Golding, noted that the majority of the amendments involved the insertion of or changes to words, [...]

Posted: December 17th, 2009 | NFL.com Staff CHARLOTTE, N.C. — Charlotte-Mecklenburg police say Cincinnati Bengals receiver Chris Henry has died, one day after suffering serious injuries upon falling out of the back of a pickup truck in what authorities describe as a domestic dispute with his fiancee. Police say Henry died at 6:36 a.m. Thursday. [...]

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The Multiple Listing System (MLS) may be familiar to those of you from the USA and Canada, but may be a bit of a mystery to those from elsewhere. The basic idea of the MLS is that all the (RAJ) Member firms have agreed to share their property listings and work together on all MLS [...]

Ashtrom Building Systems Limited, the Israeli construction company in which Jamaica has a minority stake, has landed a $2.1-billion contract from National Housing Trust for a residential real estate project in St Catherine. The contract appears to have hurdled all but one approval – Cabinet sign-off. But the executive branch’s endorsement is expected, however, now [...]

Pan Jamaican Investment Trust, the Facey family-controlled conglomerate engaged in property development and investment, has secured prime real estate in New Kingston from the Jamaican government on which the listed firm is expected to develop a hotel and other commercial ventures. Pan Jam will pay J$454.5 million for the 161,610 square footage in an area [...]

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