Insights & Expertise
May 12, 2016
Manhattan DA: Cayman ‘better positioned’ to fight terrorism finance
The Cayman Islands is better positioned to police terrorism financing than the U.S., an American congressional subcommittee heard Wednesday.
May 12, 2016
November 2012 Market Update
Sales of High end property increase US Housing on the up Hotel Investments in Grand Cayman Watercolours update
May 12, 2016
No Landfill for Bodden Town
As published in the Caymanian Compass l WEDNESDAY 5 JUNE 2013 l No Landfill for Bodden Town
May 12, 2016
Esterley Tibbetts extension opens today
Esterley Tibbetts extension opens to West Bay, Grand Cayman, Cayman Islands.
May 12, 2016
NRA pavers may remain in Brac
Paving equipment sent to Cayman Brac from Grand Cayman in 2010 remains on the smaller island and may never be sent back, depending on how government decides to proceed, Works Minister Kurt Tibbetts said Friday.
May 12, 2016
Economy grew 2.1 percent in 2014
Gross domestic product for the Cayman Islands, a measure of economic growth, increased by 2.1 percent in 2014 to its highest level since before the global economic crisis, according to government figures released this week.
April 19, 2016
April 2016 Market Update
The recently released IRR Viewpoint Caribbean Market Update 2016 Annual Report, written by James V. Andrews of Integra Realty Resources Caribbean, highlights some interesting discussion points when it comes to the state of Caribbean economies, especially in relation to real estate.
March 9, 2016
March 2016 Market Update
As recently as October 2015 I wrote how I saw the $2 million plus area of the residential homes market as remaining a difficult one for buyers to sell their properties in the short term. These properties are not moving anywhere near to the degree of other inventory, I wrote. Indeed, only ten homes of $3 million and above had been sold over the past three years. However, I also noted that I felt the market was about to change: Going forward, however, I see this becoming less of an issue. This is because desirable parcels of land are becoming increasingly less available. I went on to say that I believe as a result there will be a shift in the coming months and properties in the $2.5 million region will become a lot more appealing.
December 29, 2015
Foreign investment in financial assets total $119B
The total investments of non-residents in local financial assets was estimated at $119.3 billion by the end of 2014, according to a new report from the Economic and Statistics Office.