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Hurricane Irma 2017
The Caribbean closes the books on 2017 — the most catastrophic year in the region’s modern property and investment history. Two Category 5 hurricanes, Irma and Maria, reshaped the regional landscape in September while the unaffected islands delivered their strongest winter season in years. We assess what 2017 meant and what 2018 holds.
Jamaica escaped Irma and Maria but the Caribbean paid a devastating price. Barbuda, Dominica and Puerto Rico face catastrophic housing reconstruction.
Hurricanes Irma (Sep 6) and Maria (Sep 18-20) struck the Caribbean in the most catastrophic back-to-back disaster sequence in modern regional history. Barbuda is 95% destroyed and evacuated. Dominica is shattered. The BVI, USVI and Puerto Rico face enormous recovery challenges. Edition 106 of the Caribbean Property & Investment Review.
The Caribbean suffered its most catastrophic hurricane season on record during September 2017. Hurricane Irma and Hurricane Maria — both Category 5 monsters — struck within two weeks, destroying entire communities, wiping billions from property values and triggering the worst humanitarian crisis the region has seen in living memory.
Jamaica braces as Hurricane Irma, a record Category 5 storm, bears down on the Caribbean. Housing market steady; NHT programmes active; ODPEM on alert.
Caribbean property markets close a strong summer 2017 season with tourism records and investment confidence, even as meteorologists track a potentially catastrophic hurricane approaching the Lesser Antilles. Edition 107 of the Caribbean Property & Investment Review.