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Rents for apartments and houses on the Island have come down by as much as 25 percent in the last five years. The demand for larger rental homes has also fallen and inventory is building in the East and West Ends of the Island as more tenants look to...

The commercial real estate market in Bermuda continues to soften, but interest is picking up, at least in two areas. This according to Rego Sotheby’s International Realty, which says it’s seen a flurry of interest in tourism properties and renewed de...

Homes sales in Bermuda have plummeted from almost 600 properties being closed on four years ago, to less than 100 changing hands in the first half of the year. And the average sale price of condos (below $32,400 annual rental value) has dropped 25 p...

A Bermudian woman's search for the ideal Manhattan apartment is to air tomorrow on cable's Home and Garden network. Investment manager Anne Kast eventually found her home away from home, on West 57th Street. “I love Manhattan,” Ms Kast said from the...

For decades, Bedford Loft, a tiny 200-year-old building, at 7 Clarence Street in the town of St George, sat locked up, its only occupants a family of cats in the roof. In 2010, what wasn’t about to be gobbled down by a ficus tree, was in danger of c...

Property developer West Hamilton Holdings Ltd is seeking to raise $9.3 million in a rights issue. In an announcement through the Bermuda Stock Exchange yesterday, the company said most of the proceeds would be used to pay off bank debt. The company i...

Property developer West Hamilton Holdings Ltd is seeking to raise $9.3 million in a rights issue. In an announcement through the Bermuda Stock Exchange today, the company said most of the proceeds would be used to pay off bank debt. The company is de...

More than 100 people have expressed interest in a new Bermuda Housing Corporation development on the South Shore, even though it won’t be ready for another two months. Minister of Environment Walter Roban revealed on June 9 that the first phase of 24...

National Security Minister Wayne Perinchief has committed to an “urgent review” of processes related to real estate licence applications. Mr Perinchief made the comment after a meeting of the Real Estate Division of the Bermuda Chamber of Commerce ye...

A proposed ten-storey apartment building on Serpentine Road has been turned down by the City of Hamilton. Although the decision ultimately lies with Planning, the City’s reasons for declining the project will be taken into consideration. Common counc...

The number of house sales has dropped by approximately one-half in the space of two years with properties staying on the market longer than previously and deals taking more time to close. That is according to Coldwell Banker Bermuda Realty's agency m...

Liquidators of the folded Bermuda branch of the British American Insurance Company (BAICO) have struck a deal to sell the insurer’s Front Street building. The sum raised by the sale, which has been agreed subject to contract, has not been revealed an...