KINGSTON, Jamaica — The RJR Gleaner Communications Group has agreed to sell its property located at 7 North Street in Kingston, the former home of the Jamaica Gleaner, to LP Azar Limited.

In an announcement on Tuesday, it was revealed that the company entered into a binding agreement with LP Azar Limited to sell the building together with adjacent lots and parking areas.

“The transaction forms part of the group’s broader strategic restructuring and modernisation initiatives aimed at optimising its operational footprint, improving efficiency across its commercial operations and enhancing long-term shareholder value,” a news release said.