Property Developer Launches Ritzy Waterfront Fund
More high-end development on St. Barts:
"The fund will seek to achieve absolute returns by creating a stream of development projects to be sold on completion. "Some of the investments will be in the development of rural land while others will be renovations or rebuilding existing properties," said Tim de Rosen, the fund's director. Targeted locations include St. Barts, Harbour Island in the Bahamas, St. Tropez, Cap d'Antibes, Cap Ferrat and similar resorts."
You can read the whole thing here. Sounds a bit speculative in nature - "projects to be sold on completion" - to me for the Caribbean market.
