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GlobeSt: Another Financial Servicer Takes Space at Camana Bay

GlobeSt: Another Financial Servicer Takes Space at Camana Bay

Scotiabank is opening its Camana Bay location in April 2018, joining PwC and other international financial firms headquartered in the Town Centre. The bank will move into Dart Real Estate’s 18 Forum Lane.

As previously reported, 18 Forum Lane was recently the recent recipient of the Cayman Islands Governor’s Award for Design and Construction Excellence and the first LEED Gold-certified commercial building in the Cayman Islands.

Scotiabank’s new digital branch facility – Scotia Centre – will occupy almost 20,000 square feet of space over two floors of the building, which offers some of the best-situated space in the Grand Cayman commercial real estate market.

Jackie Doak, president of Dart Real Estate says that “Scotiabank represents the type of financial services firms that choose to operate from Camana Bay, underlining our mutual commitment to the Cayman Islands and providing customers and tenants alike access to world-class amenities.”

When visited Camana Bay in January, we chatted with Dart’s Daniel Purdy, VP of leasing about what draws tenants like Scotiabank to the Cayman Islands. He said that Cayman has historically been known as a financial center, but there has been a recent increase in demand for class A office space financial tenants that are requiring less space…

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