BARBADOS (August 29, 2011) – A leading regional real estate firm based in Barbados has announced the launch of a new website designed to offer real estate customers a more satisfying purchase experience. Visitors to the new Terra Caribbean website will now be able to find videos, knowledge pieces and news on the latest developments in the real estate market to help them make informed decisions when seeking to purchase or rent property in Barbados, Grenada or Trinidad. “Consumers are becoming increasingly sophisticated and we’re finding that they’re shopping online more and more. We’ve therefore tailored our real estate website to offer a more retail-oriented shopping experience,” said Managing Director of Terra Caribbean, Andrew Mallalieu. The website features an enhanced search that allows for quick filtering based on preferences and a “Compare This Property” feature that allows for easy comparison of a selected range of properties.

Sapphire Beach Barbados Is The Answer. 19-May-2011: Trinidad Guardian Business Newspaper Trinidad and Tobago and Barbados have shared history, shared culture, shared waters and shared people. This relationship which has been often documented in the news media, discussed on talk radio and often explosive at Carnival and Crop Over time is lived out in tangible ways as students travel back and forth to the St. Augustine and Cave Hill campuses of the University of the West Indies, business people commute to meetings and families invest in vacation homes. The completion of the inspired Sapphire Beach Condominiums on Dover Beach in the southern parish of Christ Church is hoped to be a further catalyst in the strengthening of this relationship.

By Natasha Beckles - Nation’s Business Authority The property recession in Barbados has been marked by a reduction in transactions and not a fall in prices, says managing director of Terra Caribbean Andrew Mallalieu. “New entries come from a wider prosperity and growth in the market – not seasonal moves or short-term market-driven real estate transactions,” he said. Mallalieu noted that while some property owners might have lost value, they had not found themselves in a situation where they were forced to sell.“We have the strong influence of the Canadian banking system to thank for this situation in large part but this has also helped to mask some of the problems that the local market is facing,” he said. The real estate valuer noted that since the island does not see numerous foreclosures, fire sales or short exposure times and quick deals, “we are insulated from some of the harsh truth”.

Partick Hoyos - Nation’s Business Authority. There is a certain meditative and intuitive quality to the real estate commentary of Terra Caribbean’s Andrew Mallalieu, which makes his annual lead article for his firm’s annual Red Book enlightening and required reading. While the other articles in this excellent publication, whose “Pink Pages” section is most helpful for anyone wanting to get a closer understanding of the competing forces jostling this sector of our economy, it is fitting that you absorb Mr. Mallalieu’s contribution first to get an overall picture of where things are going. This year, he has had to eat a bit of crow: Who hasn’t? Certainly every one of us commentators and opinion writers who make so bold as to try to predict our economic future have had the rug pulled.