Bermuda Office Space

Since 1979, office space within Hamilton has doubled from one million square feet to two million square feet, according to a report prepared for the Bermuda Financial Centre Ltd project by accounting firm Coopers & Lybrand (Bahrain). Most of the new space, however, is not plush enough for Bermuda's international companies and "there is an acute shortage of primary, Class A space", said C&L. Businessmen and real estate agents explain how serious the problem really is.