Terra Caribbean Releases Eighth Annual Edition Of The Red Book®

Regional real estate firm, Terra Caribbean has announced the release of the eighth annual edition of The Red Book. This comprehensive property guide provides readers with a data-driven overview of what’s happening in the Barbados real estate market. “Last year, the International Monetary Fund in its August report relating to tax reform in Barbados, referred to The Red Book […]

By Terra Caribbean

March 26, 2015

The Red Book 2015 From left: Tarik Browne-Group Knowledge Manager, Gina-Lee Johnson-Manager, Residential Property Management, Richard Ince of Brydens Insurance (contributor to the Pink Pages), Dominique Silvera-Manager, Blue Sky Luxury Overseas, Hayden Hutton-Chief Operating Officer and Andrew Mallalieu-Chief Executive.

Regional real estate firm, Terra Caribbean has announced the release of the eighth annual edition of The Red Book. This comprehensive property guide provides readers with a data-driven overview of what’s happening in the Barbados real estate market.

“Last year, the International Monetary Fund in its August report relating to tax reform in Barbados, referred to The Red Book as an ‘important publication’ and quoted from some of the data in the 2014 edition,” revealed Chief Executive of Terra Caribbean, Andrew Mallalieu. “Certainly, this must be some acknowledgement that our goal to be a source of information on real estate matters, has significant credibility.”

Senior Marketing Coordinator, Gemma Holder, explained: “Each year we have been able to present the current and upcoming real estate products in an easy-touse guide, but this year we have made several changes to improve on the presentation and provide our readers with an even more systematic guide to real estate. The Red Book is now arranged into distinct property sections across three respective locations and ordered according to price. We have further enhanced the publication with even more data and bigger, brighter images, especially in our expanded luxury section by our sister company Bajan Services | Knight Frank, which showcases some of the finest homes available for sale in Barbados.”

The informative Pink Pages section features articles from knowledgeable and experienced professionals in the sector as well as members of the Terra Caribbean team. “Our Knowledge team has again developed some insightful reports that have helped us to better understand trends in the market.

“In this edition, we have released an informative ‘Barbados Beachfront Condo Price Index’ (BCPI). The data for this index was formulated from our proprietary database,” explained Mallalieu.

“The BCPI aims to provide insight into this key segment of the Barbados real estate market,” explained Group Knowledge Manager, Tarik Browne. Chief Operating Officer Hayden Hutton’s analysis in “Plantations 101 – A Brief History” in the Pink Pages, offered a brief commentary on the change in plantation acreage on the island in the 101 years since 1913. Readers will also learn that renewable energy in Barbados is older technology than we think in David Staples’ article, while Richard Gill sheds some light in “Town Planning – Thoughts on Policy and Control.”

“Our feature article this year highlights a new dimension in the real estate market. We interviewed Mark Maloney of Bushy Park Circuit Inc.,” said Mallalieu.

Maloney reveals the history and vision for the future of the new Bushy Park Circuit and ties together world-class sports, sports tourism and real estate development.

“I hope you will find that this year’s edition is again true to our mission to ensure that our clients feel comfortable and confident to make informed real estate decisions,” affirmed Mallalieu.

For more information visit www.terracaribbean.com

Terra Caribbean

Terra Caribbean is a Caribbean real estate services practice based in Barbados with other offices in Trinidad and Grenada. We are a fully integrated firm offering services in brokerage (sales and rentals), advisory, and property management. Our team comprises some of the most qualified real estate professionals on the island and is made up of a diverse skill-set extending to both residential and commercial real estate. We work with the best developers in Barbados and service the needs of every client to ensure their ultimate satisfaction be it to sell, purchase, rent, value or manage their property. “ We know Barbados!"