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Cox Hallett Wilkinson (“CHW”) has advised Waterloo Properties Limited and its subsidiaries in relation to the redevelopment of the Waterfront situated on Hamilton Harbour, Pitts Bay Road, the largest commercial development in Bermuda. CHW has advised on financing provided by The Bank of N.T. Butterfield & Son Limited as well as all leasing arrangements on the site. Tenants in this development include catastrophe and property re-insurers Axis Specialty Ltd., Montpelier Re Holding Ltd., Partner Re Ltd., Stockton Re Ltd., Tokio Millenium Re Ltd., Tyco and Zurich International (Bermuda) Ltd.
The CHW team of Wendell Hollis and Kerri Rance advised on the corporate aspects of the financing.
Wendell Hollis commented “I have been involved with the redevelopment since its inception in 1994 and I am proud to see it nearing its scheduled completion in 2008. I am happy to be assisting with this prestigious development, which will contain many of Bermuda’s leading catastrophe and property re-insurers. The Waterfront site includes office space, retail, an on-site health club and a 54-berth marina and is Bermuda’s largest single commercial development. ”
For further information please contact:
Wendell Hollis on 441 294 1507 or email whollis@chw.com; or
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