St. Lucia Business Focus 74

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CHOC COMMERCIAL PARK ST LUCIA’S BEST VALUE IN COMMERCIAL REAL ESTATE Why Buy Now Smart companies with a strategic eye on the future recognize the need to position themselves for future growth. That means identifying new investment and market opportunities while your competitors are focused on current constraints rather than future prospects. A key component of any proactive corporate growth strategy should be the acquisition of new assets in a buyer’s market. That means creating future value by acquiring assets below historical market values or before prices recover and start rising again. We believe the time to buy is now, before the resumption of robust economic growth within the next 12 to 15 months.

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Looking to the Future Despite the global uncertainties of a conservative business environment, Saint Lucia is currently enjoying its best tourism season in three years. Moreover, the sector is reportedly better positioned than ever before to sustain its favourable performance. Given the pervasive impact of this highly diversified industry, the overall economic outlook calls for a significant resumption of consumer confidence based on the momentum from the country’s leading sector. This upturn is likely to be reflected across the services sector, particularly in the distributive trades, transport and communications. Public sector investment in infrastructure will also drive improvements in employment and consumption across the economy.


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