News

Intertrust, the largest trust and corporate service provider in the Cayman Islands, will occupy the top-floor offices of One Nexus Way, Camana Bay’s newest commercial building, resulting in the building being fully leased.

As anchor tenant, Intertrust will occupy 20,000 square feet of the mixed-use building. The move – estimated for early 2021 – will bring 150 team members to the Camana Bay Town Centre, who will enjoy panoramic views of George Town and Seven Mile Beach from their top-floor offices, as well as convenient proximity to the town’s 15 eateries and 40 locally owned shops and boutiques.

“The Intertrust Cayman team is excited to make the move to our new office, One Nexus Way, Camana Bay,” said Nadine Watler-Ritter, managing director of Intertrust Cayman. “This move aligns with other exciting growth initiatives in our Cayman business, and we look forward to a modern and fresh space designed to support our dynamic ambitions.”

Intertrust’s announcement closely follows DMS Governance’s move to One Nexus Way in mid-August. The two companies further strengthen the town’s thriving financial services community, which includes Big 4 accounting firms PwC and EY, reinsurance firms including AureumRe, Aon and Greenlight RE and the presence of four of Grand Cayman’s five retail banks with the recent opening of Butterfield in One Nexus Way at the start of 2020.

“Our decision to move to the new location of Camana Bay was driven by a desire to improve connectivity, both in terms of our internal teams who now enjoy a more flexible, open and collaborative work space and in terms of an improved location, alongside a thriving financial services community that includes many of our key business partners,” said DMS Governance Chief Executive Officer Anne Storie. “For our staff, this new vibrant and modern location has certainly had an extremely positive impact on functionality and on the daily working environment.”

As a mixed-use building, One Nexus Way is designed with retail and restaurant space on the ground floor, which includes the recently opened Pane & Pasta, offering authentic Italian cuisine for dining in, or housemade ingredients to purchase and prepare at home. Carnivore opened in February 2020, offering high-quality butcher meats to take home or a deli menu for those dining in. Workplace Environments will soon be opening a showroom on the building’s ground floor, and Sportista, previously located on the Crescent, will bring its sporting goods and activewear retail experience to One Nexus Way.

“We are thrilled that One Nexus Way is fully leased, and so quickly following completion. Our team continues to see active demand for commercial real estate from global firms,” Dart’s President of Business Development, Jackie Doak, said. “The Cayman Islands’ lifestyle and quality of life further contributes to attracting new enquiries. The quality of our construction and the design of our buildings, as well as Cayman’s advanced telecommunications systems and Camana Bay’s data security centre reinforces companies’ decisions to establish a presence here.

“This consistent demand for office space shows the distinction and strength not only of Camana Bay as a business community but the Cayman Islands as a jurisdiction of choice. We continue to work with our clients to meet demand for office space given our portfolio of commercial product, and through pre-

leasing our next commercial building at Camana Bay, 60 Nexus Way, currently under construction and slated for completion in 2022.”

Completed in 2018 and built to LEED® Gold standards, One Nexus features 82,000 square feet of office, retail and restaurant space, and shares Helicona Court with the adjacent 18 Forum Lane. Heliconia Court is the largest of Camana Bay’s five courtyards, beautifully landscaped and offering shaded seating for those living in, working in and visiting Camana Bay to enjoy an outdoor meeting or a peaceful moment. LEED stands for Leadership in Energy and Environmental Design, and is the most widely used certification programme that recognises buildings that are efficient, cost-effective and environmentally friendly.