Barita puts 2027 date on real estate cash flow

BARITA Investments expects its real estate platform to begin generating cash from development activity by the end of 2027, giving investors a firmer timeline for when the company expects to start earning from projects now moving through planning and construction.

Chief Executive Officer Ramon Small-Ferguson says a modern warehouse development at Ferry, St Catherine, is likely to be the first project across the line, with the former Eden Gardens lands next, and another two sites already active at different stages of development.

“We do have a fairly small project that we expect to conclude the fastest, which is a modern warehouse that we are commissioning the construction of in Ferry,” Small-Ferguson told investors at the company’s briefing on Wednesday.