Tag: Bermuda real estate

BEST “Applauds” Upgrade Of Building Codes

BEST “Applauds” Upgrade Of Building Codes

The Bermuda Environmental Sustainability Taskforce [BEST] said they wish to “applaud the Department of Planning [DOP] on its recent upgrade of the Bermuda Building Code. “Bermuda is fortunate that having Building Codes in place has kept the standards of construction high. On one hand, our standards have retained an aesthetically pleasing... Read more of this article

Ministers Attend Pink Beach Groundbreaking

Ministers Attend Pink Beach Groundbreaking

Yesterday [July 12] Premier Michael Dunkley, joined Minister of Tourism Development & Transport Shawn Crockwell and Minister of Home Affairs Michael Fahy for an informal groundbreaking at the Pink Beach Club. The event signals the formal start of redevelopment works at the hotel site, which is being developed by Sardis Developments Ltd. Also present... Read more of this article

Governor: Concerns “Not Clear, Urgent Enough”

Governor: Concerns “Not Clear, Urgent Enough”

Governor George Fergusson responded to the Motion passed by the House of Assembly on 4 July which proposed he appoint a Commission of Inquiry into certain historic land transactions, saying the debate “raised serious concerns” but “they are not clear enough or urgent enough to justify a Commission of the type proposed.” Opposition MP... Read more of this article

Hamilton Small Business Offices Expand

Hamilton Small Business Offices Expand

A home for start-ups and small businesses is expanding, taking the lease on a two-story office space in Hamilton. Dubbed “nineteen,” the endeavor already has office space on Queen Street but, with that space now full, owner Tim Miller has signed a deal to take over two floors of offices on Burnaby Street. Mr. Miller said, “When I started... Read more of this article

Minister: Emergency Evacuation Of Global House

Minister: Emergency Evacuation Of Global House

The emergency evacuation of Global House yesterday morning [July 3] was after an air conditioning unit on the northern end of the roof caused vibrations and noise, Minister of Public Works Patricia Gordon-Pamplin said. Speaking in the House of Assembly today, the Minister said, “Several Government staff and clients had evacuated the Government... Read more of this article

Listed Buildings Eligible For Interest-Free Loans

Listed Buildings Eligible For Interest-Free Loans

The Department of Planning is encouraging people to take advantage of the Ministry of Home Affairs’ Interest-Free Loan Program for listed buildings, saying the program is not used as widely as it could be. A spokesperson said, “The program is available exclusively to the owners of buildings that have been listed as being of special architectural... Read more of this article

Michael Douglas: “It Is Going To Be Great”

Michael Douglas: “It Is Going To Be Great”

Michael Douglas – famous actor, former Bermuda resident, and son of Bermudian Diana Dill – is presently on the island to work on what he said was his “new hotel,” located at the site of a cottage colony owned by his family for decades. In a post on Facebook last night that attracted some 45,000 “likes”, Mr. Douglas... Read more of this article

Building Permits, Planning Applications Increase

Building Permits, Planning Applications Increase

The Department of Planning said they have noted a marked increase in the number of planning applications received during the period January 1st to June 5th 2014 when compared to that same period of time in 2013, which Minister Michael Fahy said is “undoubtedly a positive sign and indicative of a possible turnaround in the economy or, at least,... Read more of this article

Minister Outlines Plans For Grand Atlantic Site

Minister Outlines Plans For Grand Atlantic Site

In the House of Assembly on Friday [May 16], Minister of Public Works Patricia Gordon-Pamplin went over the plans for the Grand Atlantic property, which is set to become a condo hotel  known as the “Bermudiana Beach Resort”. The Minister said, “The proposed redevelopment of the Grand Atlantic site will create a condo hotel which will make... Read more of this article

Rego: First Real Estate Increase Since 2008

Rego: First Real Estate Increase Since 2008

2013 saw the first positive increases in unit and dollar volume in the real estate market since 2008, according to Rego Sotheby’s International Realty President Buddy Rego. In the latest issue of the company’s newsletter, Mr. Rego said, “While we are a long way from the $685 million, 592 unit turnover of 2008, 2013 witnessed a market... Read more of this article


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