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Construction and property

Local Business

"Lopes to push ahead with third Hamilton condo project"

Developer Gilbert Lopes is planning to proceed with his third condo development in Hamilton, offering some of the lowest prices in Bermuda for brand new upscale one and two-bedroom units. Mr Lopes’ planned Seven Park Road, which he hopes to begin bui...
Jul 04, 2012
Other

"Law change creates new opportunities for foreign property buyers"

International buyers with at least several million to spare can now snap up some of the Island’s most prestigious estates after major changes to Government land holding policies finally took effect. “Our inventory for non-Bermudian houses has increas...
Jun 25, 2012
Other

"Realtors back land policy bill"

Bermudians are no longer restricted from selling their homes to non-Bermudians as a result of a series of long-awaited changes to Government land holding policies. Local realtors hailed yesterday’s announcement by Government as “exciting” news for th...
Jun 23, 2012
Other

"Controversial energy tycoon’s Bermuda connection"

A US energy tycoon at the centre of a shareholder storm spent more than $30 million on Bermuda homes to which he and his family fly by corporate private jet. Aubrey McClendon is the CEO of Chesapeake Energy, the second-largest US natural gas producer...
Jun 11, 2012
Other

"Five Grand Atlantic apartments have been sold"

Public Works Minister Michael Weeks has defended the Grand Atlantic housing project against critics, saying interest in the development remains high. Five units have been sold and 15 people are being screened for approval, he stated. “Those that unde...
Jun 01, 2012
Local Business

"Smith opts for real estate over law"

Coldwell Banker Bermuda Realty’s newest agent says she gave up being a lawyer to sell real estate so she could follow her true passion. Cratonia Smith was an associate at Cox Hallett Wilkinson, having being called to the Bermuda Bar in 2010. But she ...
May 09, 2012
Local Business

"Sisters transform Baptiste business"

For Baptiste Ltd owner Sacha Bearden, the best thing about the home improvement store’s recent remodel and expansion is hearing customers say: “Now I don’t have to go to town!” Before the renovation and launch of a number of new product lines Baptist...
Apr 30, 2012
Other

"Heron’s Nest lots selling well"

The Bermuda real estate market is still hot, for some people. Three waterfront lots in the Heron’s Nest community in Riddell’s Bay sold in five days and a fourth is under contract. Only three of the lots, priced from $625,000 to $795,000, remain for ...
Apr 23, 2012
Other

"Volunteers needed to recreate Bermuda dwelling"

Volunteers are being sought for a day of work trying to recreate Bermuda’s earliest dwellings. From 10am today, people are encouraged to turn up at the 1612 Carter House, for the reconstruction project led by St David’s Historical Society. They will ...
Apr 21, 2012
Local Business

"West Hamilton confirms intent to seek relief from 60/40 rule"

The Bermuda Stock Exchange announced yesterday that property developer West Hamilton Holdings has advised that it has published notice of its intent to apply for an exemption from the 60/40 rule under Section 114 of the Companies Act. The announcemen...
Apr 12, 2012
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