Real Estate and Property Development is booming in Barbados, across various sectors, but particularly in tourism. In last month’s budget speech, Minister Ryan Straughn highlighted the six major hotel projects currently under construction – a $1.7 billion investment slated to add 1,493 rooms and 3,550 jobs by 2026. The week after, Afreximbank broke ground on their new African Trade Centre in Jemmotts Lane, Bridgetown, which will include a 100-room hotel, conference centre, technology and SME incubator, and more.
In this monthly edition, we dive into this theme with a feature article from Sir Paul Altman, analysing Barbados’ dynamic real estate sector, with medium and long-term projections. And we highlight two icons of property development in Barbados – with an investor spotlight on Bjorn Bjerkhamn, and a Business Barbados Buzz feature on Mark Maloney.
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