On March 20, 2025, Sygnus Real Estate Finance Limited (SRF) held its Annual General Meeting (AGM), where we reflected on SRF’s achievements, discussed key developments, and outlined plans to continue unlocking value beyond the blueprint.
In response to the devastating effects of Hurricane Beryl, Sygnus has stepped forward with vital contributions to support various recovery efforts. The hurricane left a trail of destruction, particularly in the parish of St. Elizabeth. Partnering with MegaMart, Sygnus has provided critical assistance to Munro College and severely impacted communities in St. Elizabeth. Sygnus has also extended its support to the Food for the Poor’s (FFTP) relief initiative.
Sygnus Real Estate Finance Limited (“SRF” or the “Company”), a specialty real estate investment company, which uses flexible capital (debt and equity) to unlock value in real estate assets across the industrial, residential, commercial, hospitality and infrastructure segments, released its financial results for the financial year ended August 31, 2023 (“FYE Aug 2023”). SRF reported a book value per share of J$23.89 for FYE Aug 2023, compared with J$23.24 per share last year, while net profit attributable to shareholders was J$211.44 million compared with J$692.95 million last year. The company’s average return on equity over its 4 years since it began operating was 22.9%.
Sygnus Real Estate Finance Limited (“SRF” or the “Company”), a specialty real estate investment company, which uses flexible capital (debt and equity) to unlock value in real estate assets across the industrial, residential, commercial, hospitality and infrastructure segments, released its financial results for the nine months (“9 Month 2023”) and third quarter ended May 31, 2023 (“Q3 May 2023”). During 9 Month 2023, the company deployed J$2.82 billion in investment commitments, compared to J$2.42 billion in the corresponding period last year. Total real estate investment assets increased by 27.9%, exceeding J$14.1 billion dollars, while book value per share increased 6.3% to J$21.82.
Sygnus Real Estate Finance Limited (“SRF” or the “Company”), a specialty real estate investment company, which uses flexible capital (debt and equity) to unlock value in real estate assets across the industrial, residential, commercial, hospitality and infrastructure segments, released its financial results for the six months (“6 Month 2023”) and second quarter ended February 28, 2023 (“Q2 Feb 2023”). During 6 Month 2023, the company deployed J$2.03 billion in investment commitments, compared to J$1.05 billion last year. Total real estate investment assets increased by 38.7%, exceeding the J$14 billion mark for the first time, while book value per share increased by 7.6% to J$22.32.
Sygnus Real Estate Finance simultaneously released its audited financial statements for the year ended August 31, 2021 (FYE Aug 2021) and the quarterly results for the three months ended November 2021 (Q1 2022).
Sygnus Real Estate Finance Limited (SRF) recently successfully closed J$3.2 billion in financing for its One Belmont commercial development project.