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Stanley Motta Limited operations improved during its March 2026 first quarter from increased occupancy, but also, the company increased the value of its real estate investment.
“This increase reflects continued growth in occupancy and rental activity across the group’s portfolio,” stated the company report signed by Chairman Melanie Subratie and Director Blondell Walker.
According to the real estate investment company’s unaudited results for the first quarter ending March, rental income climbed 45 percent year-over-year to $237 million, while administrative expenses fell 12 per cent to $49.6 million. This helped to push net operating income up 75 percent to J$188 million.
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