Proven REIT goes to Cayman


Proven REIT goes to Cayman

Proven REIT partners with Infinity Capital Partners Limited to develop exclusive waterfront townhouses in Grand Cayman

Wednesday, July 29, 2020

Print this page Email A Friend!

Proven REIT , the real estate arm of local entity Proven Investments Limited, has just announced that it has partnered with Infinity Capital Partners Limited ( ICP ) on its latest joint venture to develop close to an acre of land located directly on the canal at Omega Drive, Grand Cayman.

Infinity Capital Partners (ICP) Limited is a Caymanian private equity company that does direct investments, or co-investments with other strategic partners, and targets industries currently positioned for long- term growth.

Proven said in a release that the development will offer exclusive waterfront living with a mix of two and three-bedroom town homes ranging between 1,300 to 1,600 square feet.

The development located in the fast-growing Grand Harbour locale will consist of 13 town homes with direct access to the North Sound, ideal for boat access to Rum Point, Starfish Point, and Kaibo. The close proximity to Grand Harbour Shopping Center also means convenience for the homeowner.

After signing the partnership agreement, Proven REIT's CEO Aisha Campbell said: “We are excited to work with ICP on this joint venture and delivering a real estate solution for those looking for beauty and serenity.”

ICP's principal David Stephens said in his post signing comment said: “This made perfect sense for us. Our market analysis revealed that Cayman needs more reasonably priced townhomes designed and built for couples and/or small families.”

Poven Investments, in its release, said that the joint venture is fully aligned with Proven REITs objective to expand its regional footprint and having ICP as a solid strategic partner means they bring insight and knowledge about the Caymanian real estate market to the table along with Proven REIT's development experience and expertise.

“The team continues to plan and design this waterfront oasis and anticipates that this partnership will allow them to support the growth of Cayman's live, work and play housing market. The development is slated to go to market in November of 2020,” the release said.

Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at




1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper � email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed:

6. If readers wish to report offensive comments, suggest a correction or share a story then please email:

7. Lastly, read our Terms and Conditions and Privacy Policy

comments powered by Disqus



Today's Cartoon

Click image to view full size editorial cartoon