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Almost two thirds of properties bought from a top estate agent this year were bought with cash. Coldwell Banker Bermuda Realty said the number of buyers who did not need a mortgage had grown “exponentially” since 2010. The firm’s midsummer update als...

Free clinics to help people understand planning applications will be held every three months, the Minister of Home Affairs announced. Walter Roban said the clinics would mean the public can get advice on planning regulations outside normal office hou...

The planning department needs to do more to back “the growth of the country”, the home affairs minister has told the Development Applications Board. The minutes of the board’s meeting last month said Walter Roban attended to discuss plans to streamli...

A Bermudian civil engineer has paved her way to the top as head of the island’s highways section. Tina Beer-Searle, one of only three women in the Department of Works and Engineering, has made her way to acting principal highways engineer in an area ...

A homeowner near a former golf course where the new owners want to build 18 luxury homes said yesterday that the plan by developers was “putting up buildings for rich people and to enrich themselves”. The objector, who asked not to be named, added th...

The owners of the former Riddell’s Bay Golf Course have applied to break up the land into 22 lots. A subdivision application, submitted to the Department of Planning by Castile Holdings earlier this month, proposed the creation of new lots on the rec...

The owner and general manager of a failing construction company began setting up a new operation weeks before clients were advised that the original company was to close down. Marcelino Ferreira founded Gulf Stream Construction Ltd in 2003. The compa...

A mid-sized Bermudian construction company has closed down. Gulf Stream Construction Ltd, founded by Marcelino Ferreira in 2003, has been wound up. Mr Ferreira, identified on the GSCL website as the company’s owner and technical director, advised th...

Claire-Ann Raynor resisted when her husband Carl first taught her how to calculate the square footage of a roof. They were running their decorative moulding business, BMT Ltd, together. “I said you’re going to be here, why do I need to know that?” s...

The land valuation department has gone paperless, the public works minister said yesterday. Lieutenant-Colonel David Burch told MPs that the department had been one of the first to become paperless and no longer had a physical filing system. He added...

An agent with Bermuda’s largest real estate company expects commercial property leasing targets to be met this year. Scott Powell, of Coldwell Banker Bermuda Realty, said: “Early signs indicate the year-end figures for 2019 will run in tandem with 20...

Bermuda’s stagnant economy has had a knock-on impact on the island’s commercial real estate market. Forty commercial properties are listed for sale on the Property Skipper website, some of which have languished on the market for prolonged periods. Th...