Insurance company Guardian Life Limited is cautiously looking to real estate for a continued boost in profits as interest rates continue to trend south.
The outlook comes after a 7.3 per cent annual increase in profit at the year ending December 2017.
CEO Eric Hosin says the company is examining all options, including whether to go deeper into the property market.
Guardian is currently executing a two-phase real estate project in New Kingston valued at $6 billion.
All the 66 units have already been sold out.
The other phase of the development at 2-4 Musgrave Avenue will comprise two high rises of about 170 units.
All feeds
