Standard & Poor’s recently confirmed that Jersey’s sovereign credit rating, both long and short-term, remained unchanged at AA-/A-1 (Source: States of Jersey).
This recent announcement supports Le Masuriers continued belief in the strength of Jersey as a market for investment and a strong location for the future.
Le Masurier has already committed substantial investment to the regeneration of St Helier’s northern area through the Merchants Square redevelopment project. Merchants Square is a £70m investment into Jersey with the creation of a new 122 bed Premier Inn hotel, 145 residential apartments and a new bar/restaurant.
Le Masurier is also committed to the development of a prime town centre site, details of which will be announced in March 2022.