Ryan Reid

Ryan Reid

businessman Jamaica

Ryan Reid is the Chairman of First Rock Real Estate Investments Limited, where he is leading a strategic shift from real estate development to becoming a real estate investment trust (REIT). Under his leadership, the company is focusing on generating rental income from large commercial properties as it navigates challenges in the high-income residential market. Reid has emphasized the need for this transformation due to declining demand and oversupply in the residential sector, and he is actively exploring new revenue opportunities for the company.

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Recent Mentions

Jamaica Jamaica: First Rock Group Chairman Ryan Reid told the Financial Gleaner about the current loan-to-value of the Hambani project. 7

The Gleaner – major Jamaican newspaper, est. 1834: First Rock moves to regain Hambani Estate lots from Sagicor Bank | Business

Jamaica Jamaica: CEO of FirstRock, Ryan Reid, said he was out on field work and would issue a clarifying statement by late evening. 6

The Gleaner – major Jamaican newspaper, est. 1834: Hambani Estate Development in limbo | News

Jamaica Jamaica: Ryan Reid is the Chairman of First Rock Group and is leading the company's pivot to a real estate investment trust. 7

The Gleaner – major Jamaican newspaper, est. 1834: First Rock pivoting to REIT in push for rental income | Business