Barita seeking partners to develop its real estate assets holdings.

Barita Investments Limited is seeking partners to develop its real estate assets holdings. The company is conducting market studies to determine the right inventory to put forward for development and divestment. Barita has a portfolio of high-value real estate assets, including Reggae Beach, Green Castle, Eden Gardens, the former Kingston ice factory, and Windsor Estates. The company's parent, the Cornerstone Group, plans to build its headquarters on the Eden Gardens lands. Barita's Unit Trust Real Estate Portfolio has seen significant growth, improving by 60% from January to August 2023. In other news, Honey Bun (1982) Limited has acquired the Swirls brand and plans to expand it into a sandwich shop business. The company aims to open five Swirls locations in three years, offering a wider variety of baked goods and meals. The investment in the fast-food business is estimated to be around $50-100 million over a two-to-three-year period. [Extracted from the article]