Stanley Motta faces vacant floors but profit triples on property gains

Stanley Motta Limited, the Kingston-based commercial landlord, said a prospective tenant that had signed a letter of intent declined to proceed, leaving three floors in its recently completed development unoccupied. Even so, the company posted net profit of $3.25 billion for the 12 months ended December 2025, nearly tripling its $1.1 billion profit a year earlier, lifted by a revaluation of its investment property portfolio. Earnings per share rose to $4.29 from $1.47.