Hashtag: #BermudaRealEstate

BLDC: Energy Facility & Cargo Port Projects

BLDC: Energy Facility & Cargo Port Projects

The Bermuda Land Development Company Limited [BLDC] is inviting local and international companies to “submit their qualifications to be considered for future proposals to design, build and operate two major infrastructure projects in the East End – an energy generation facility and a cargo port at Ships Wharf.”A spokesperson said,... Read more of this article

Minister: Cost Saving Measures For Govt Offices

Minister: Cost Saving Measures For Govt Offices

Cabinet recently approved revised space standards for Government offices to “make more efficient use of space and reduce costs,” and the reductions range from 35% for general staff to 66% for Department Heads, Minister of Public Works Lt/Col David Burch said. Speaking in in the House of Assembly today [March 16] Minister Burch said that... Read more of this article

Real Estate Brokers, Agents Outreach Session

Real Estate Brokers, Agents Outreach Session

There will be an outreach session for real estate brokers and agents on Wednesday [March 14] at 2.00pm at the Cathedral Church Hall of the Most High Trinity at Church Street, Hamilton. A Government spokesperson said, “The Superintendent of Real Estate [the “Superintendent”] hereby advises real estate brokers and agents that there will be an outreach... Read more of this article

Aim To Market Daniel’s Head To Developers

Aim To Market Daniel’s Head To Developers

The Bermuda Land Development Company Limited [BLDC] has engaged KPMG Advisory to “complement efforts to market the Daniel’s Head site to potential developers.” “We are delighted to have access to KPMG’s professionals,” said Francis Mussenden, BLDC’s Chief Executive Officer. “This engagement is part of our work to position BLDC... Read more of this article

Photos: Caroline Bay Holds Celebration

Photos: Caroline Bay Holds Celebration

A rooftop wetting ceremony, of sorts, was held at Caroline Bay last month serving as “a ceremony toasting for the workers.” A spokesperson said, “The wetting wasn’t the traditional rooftop one, however it was more of a ceremony toasting for the workers. “The rooftop wetting was more so a ceremonial celebration in the sales... Read more of this article

MJM’s Real Estate Team Ranked TIER 1

MJM’s Real Estate Team Ranked TIER 1

MJM Limited announced that their MJM’s Real Estate Team Ranked TIER 1 in Bermuda by The Legal 500 2018. The Legal 500 reported, MJM Limited’s ‘team is very knowledgeable and the advice provided is detailed, thorough and spot on in appropriateness’. “It assists with all types of residential and commercial property acquisitions and sales... Read more of this article

Govt Will Revise Height Restrictions In Hamilton

Govt Will Revise Height Restrictions In Hamilton

Government will revise height restrictions in the Hamilton Economic Empowerment Zone for residential and mixed-use development, Premier David Burt in the 2018/19 Budget, with the Government also set to relax condominium ownership restrictions for approved developments. In addition, Government will temporarily increase land tax rates on commercial properties... Read more of this article

Clear View Suites & Villas Being Sold In Sections

Clear View Suites & Villas Being Sold In Sections

[Written by Don Burgess] Clear View Suites and Villas has been sold to a trust. A building was knocked down and the pool removed as the property was sold off into parcels. Albert Moura, the operating principal at KW Bermuda, told Bernews that the new owners have gone in and cleaned up the estate to make it more attractive for resale. Mr Moura added... Read more of this article

Phase 2: Loren To Offer Villas Starting At $3.8M

Phase 2: Loren To Offer Villas Starting At $3.8M

The second phase of the project at The Loren the Pink Beach in Tucker’s Town has commenced, with the four new 4-bed, 4.5 bath villas set to be completed in 2018 or 2019, and available for sale starting at $3.8 million. Two of the Villas are scheduled for completion in spring of 2018, Rego Sotheby’s International Realty said, with the remaining two... Read more of this article

Video: Fox Feature ‘Bermuda-Inspired’ Home

Video: Fox Feature ‘Bermuda-Inspired’ Home

Fox Business recently featured a Bermuda inspired home they called a “love story,” as publishing mogul Rance Crain took his bride to Bermuda for a honeymoon, fell in love with the architecture, so asked an architect to design a home to keep them on their “honeymoon forever.”The couple met in 1965 on a blind date arranged by... Read more of this article

Loren One Of Most Beautiful Lobbies In World

Loren One Of Most Beautiful Lobbies In World

The Loren at Pink Beach in Bermuda has one of the most beautiful hotel lobbies in the world, according to MSN, which called it a “real show stopper.” In listing the ’50 of the Most Beautiful Hotel Lobbies in the World, the publication said “As the island’s first new-build hotel in 45 years, The Loren is unsurprisingly stylish. “When... Read more of this article

Rego Sotheby’s Holds Annual Award Ceremony

Rego Sotheby’s Holds Annual Award Ceremony

Rego Sotheby’s International Realty held their annual awards ceremony to recognize their top real estate agents, with Valerie Nearon, Margaret Young, Helen Card, Claire Percy, and Lyndy Thatcher all being honoured. Ms. Valerie Nearon, who for the first time during her tenure at Rego Sotheby’s International Realty, took two awards home – “Top... Read more of this article

US Consulate Buys “Cedarhurst” Property

US Consulate Buys “Cedarhurst” Property

After leasing “Cedarhurst” for nine years, the United States Government purchased the residence located on Wilkinson Avenue in Hamilton Parish earlier this week, and the property will continue to serve as the official home for the U.S. Consul General to Bermuda. Consul General Mary Ellen Koenig commented, “I am delighted that this gracious and... Read more of this article