As a premier provider of independent real estate advice on the Cayman Islands property market, IRG publish many of their market reports and are asked by local and international publications for their comment on a wide variety of regional and Cayman property market conditions, feasibility studies, developments and how Cayman’s position in the regional and global property market; a number of which are featured below.
As a Knight Frank affiliate and a member of the Leading Real Estate Companies of the World Network, IRG also has access to strategic global property market analyses and forecasts. IRG uses these to assist in providing a regional and global perspective to the consultancy services it offers to a wide range of commercial and residential clients including developers, private investors and institutions.
The Wealth Report provides the definitive global perspective on prime property and wealth. It includes a guide to the performance of the world’s key luxury residential markets and HNWI growth forecasts over the next decade for over 80 countries and cities.
Sales are maintaining impressive growth this year over 2010’s numbers. Year to date sales volumes up to the end of August 2011 show a 203% increase over the same period during 2010. There has been a total of CI$422million transfers for 2011 compared to CI$207million for the same period during 2010, CI$255m for 2009 and CI$403million in the last boom year of 2008.
Dart Realty (Cayman) Limited and Government recently announced the
FORCayman Investment Alliance (FCIA). One group of projects is located in the West Bay Corridor, and
involves hotel/tourism, education, community and recreational facilities as
well as road works. In the weeks since the announcement, we have finalized
several aspects of the West Bay Corridor Projects.
Jeremy Hurst, the current president of the Cayman Islands Real Estate Brokers Association and owner of International Realty Group (IRG), recently attended two major international real estate events, the Leading Real Estate Companies of the World 2010 annual “Luxury Portfolio Summit” and the annual Knight Frank Global Network Conference.
Jeremy Hurst writes an update on the Cayman Real Estate market in his role as President of the Cayman Islands Real Estate Brokers Association. This article was published in the Chamber of Commerce Newsletter.
The Club Penthouse boasts almost 4,000 SF of designed elegance. Located immediately above the stately clubhouse, this penthouse is the only Secret Harbour residence that is accessible by its own private elevator. The elevator opens into the large great room with an expansive verandah overlooking the Harbour.