Caribbean Construction Costs Rising

Caribbean Construction Costs Rising

Caribbean

The cost of obtaining funds to develop large real estate projects in the Caribbean, like hotels, has risen significantly in the past year across various products, according to Tim Lorimer, vp for corporate finance at Scotiabank. One of the drivers for the rising premium is the bigger opportunity cost of deploying cash in such ventures, since today cash can be deployed in lower risk investments with similar returns. For a $150m-$200m greenfield hotel development in the Caribbean, Central America

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial