Despite the old Trini colloquialism of “God is a Trini”, this year’s ongoing hurricane season, violent and tumultuous at best, has caused concern even in us laidback Trinis. With recent Hurricane Irma, ripping through countries of the Leeward Islands and South Florida and leaving death and millions of dollars of destruction in her wake, we ask ourselves, “Is T&T Hurricane ready?”
Terra Caribbean Trinidad has collated data from over forty buildings and produced the Commercial Rental Rate Study for ten years, 2007 – 2017.
In 3 short years, 2014 to now, the commercial office rental real estate market has taken a steep nosedive into near stagnation. Within the last two years (2015-2017), as large corporations of the petrochemical industry have downsized operations globally, as well as in Trinidad, in response to a worldwide decrease in the demand for oil and by-products of oil, space in A Class and B Class commercial buildings have become available, resulting in a vacancy rate of approximately 20% - 25% in the private office rental market.
In just a couple short decades, technology has changed the landscape of real estate, both locally and internationally. In Trinidad and Tobago, with over 900 active real estate agents or agencies, the business of real estate is no longer dictated by a rolodex and a phone, or a FOR SALE sign and a classified ad. The advent of expansive websites, social media, and instant messaging apps has transformed the speed and accessibility of information for end-users - the buyers and sellers that generate this market. The industry has matured and is now a grown adult in the T&T economy.
Terra Caribbean Trinidad was a proud sponsor of the Queen's Park Cricket Club's Members Golf Tournament 2017. This tournament which is held at the St. Andrew's Golf Club in Moka, Maraval is a staple on the Terra Caribbean Trinidad calendar every year.
Located in the expansive neighbourhood of Santa Rosa, Arima, Phase 3 of Bhagwansingh’s at The Crossings is a welcome respite for young professionals, their families and investors alike.
The Association of Real Estate Agents (AREA) hosted a Media Conference on Tuesday, 14th February, 2017 with the theme “AREA Supports the Fight Against Money Laundering and Financing Terrorism”. at The Government Campus Plaza Auditorium, Port of Spain.
In the height of the Carnival 2017 season, Terra Caribbean Trinidad launched the new website at Buzz Bar, One Woodbrook Place on Thursday 9th February. The first launch of Terra Caribbean’s new website, a cocktail event, was held at Apes Hill Country Club, Barbados on Thursday December 15, 2016 and was a huge success.
Thursday December 15 was a night to remember for the Terra Caribbean team: the venue, the newly finished and amazingly stunning Apes Hill Club House; the occasion, a cocktail reception officially launching our new Terra Caribbean website.