Mubasher: Jerusalem Real Estate Investment Co. (JREI) reported a 104.1% rise year-on-year in its losses during the third quarter of 2016, according to a statement.

Losses reached $252,710 in Q3-16, compared to $123,820 in Q3-15.

In the first nine months of 2016, losses increased 8.21% to $787,010 from $727,320 in the same period of 2015.