The RJRGLEANER Communications Group has announced it has entered an agreement with LP Azar Limited for sale of the Gleaner building at 7 North Street, Kingston.

"The transaction forms part of the Group’s broader strategic restructuring and modernization initiatives aimed at optimizing its operational footprint, improving efficiency across its commercial operations, and enhancing long-term shareholder value," a media release from the company said on Tuesday.

Radio Jamaica Limited (“RJL” or “the Company”), whose trade name is the RJRGLEANER Communications Group (“the Group”), advises that it has entered into a binding agreement with LP Azar limited for the sale of the Company’s property located at 7 North Street, Kingston, together with adjacent lots and parking areas (collectively, “the Property”).