TERRA CARIBBEAN RELEASES NINTH ANNUAL EDITION OF THE RED BOOK®
BARBADOS (April 5, 2016) – The Terra Group of Companies, a well-established and reputable real estate leader in Barbados and the Eastern Caribbean serving all market segments through its brands Terra Caribbean, Terra Luxury and Blue Sky Luxury, today announced the release of its annual Barbados real estate insights publication, The Red Book 2016â. This year’s release marks the ninth edition of the Red Bookâ, which features a revamped internal layout focusing on detailed insights for each segment of the real estate market in Barbados.
According to Andrew Mallalieu, Chief Executive of The Terra Group of Companies, “While in the past we have provided market wide macro data, the new structure of The Red Bookâ showcases detailed data that we track on a segment-by-segment basis. We focused only on our direct service lines and relied exclusively on our internal knowledge team to provide, produce, and write leading insights and trends on the Barbados property market. We hope our clients enjoy reading the 2016 Red Bookâ as much as we have enjoyed putting it together.”
Some key highlights of The Red Bookâ this year include an article examining the beachfront supply on the West Cost of Barbados and the contribution from the Advisory service line on “The Value of a Valuation” in the Barbados real estate market.
“In an ever-changing real estate market, having access to accurate and timely information is key,” explains Hayden Hutton, Chief Operating Officer at The Terra Group of Companies. “The Red Book continues to set the benchmark as the go-to source for meaningful data and insights on just about every segment of the market. Whether a first-time home buyer is interested in learning more about the market, a sophisticated property investor is keeping an eye on trends, or a visitor is looking to purchase a holiday home, The Red Book is a valuable resource for all real estate matters in Barbados.”
The release of The Red Bookâ coincides with the Group’s recent launch of Terra Luxury, the new division that caters to the niche luxury property market in Barbados. Findings from the 2016 Red Bookâ suggest improved sentiment and an increase in overall confidence in the market, ensuring a well-timed opportunity for this new, dedicated luxury brand to serve the needs of discerning clients worldwide.
To download the ninth edition of the Red Bookâ, please visit Terracaribbean.com
About The Terra Group
The Terra Group of Companies offers clients a comprehensive suite of real estate and holiday rental services through its brands Terra Caribbean, Terra Luxury, and Blue Sky Luxury. Dedicated teams and resources serve each segment of the Barbados real estate market, including sales, long-term rentals, property and facility management, holiday rentals, and advisory and valuations. The Terra Group offers clients over 60 years of real estate experience and a passion for accumulating, banking and then sharing knowledge to ensure that clients feel comfortable and confident making informed decisions. The Terra Group continues to actively invest in knowledge, resources and new initiatives to refine its portfolio of real estate services and to better serve its clients.