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Dome Mall for sale for $40 million - Barbados Today

The Massy Group wants to dispose of one of its iconic pieces of real estate in Barbados, the Massy Dome in Warrens, and it is asking $40 million for the property.In the company’s 2022 annual report, the Trinidad and Tobago-headquartered Caribbean conglomerate said as part of its strategy going forward, it was relieving itself of underperforming assets and non-core operations.Chairman of Massy Robert Bermudez said in recently published consolidated financials, most of the underperformers had been relinquished, paving the way for the group to pursue new opportunities through acquisitions.With the aggressive divestment process well in train, Bermudez explained all that remained of the underperformers to be disposed of were some “non-core real estate assets in Barbados” as the group reduced its debt to equity to 25 per cent.

#BTEditorial - Is the Pierhead Project still a fanciful dream?

We wonder how many Barbadians who flocked to the Pierhead, Bridgetown branch of Massy Stores last weekend, realised that they were witnessing what could be the beginning of one of the most consequential developments in the island’s recent history?The closure of the consumer goods store, which has its origins with the defunct Manning, Wilkinson and Challenor store some 80 years ago, is now making way for the realisation of the long-mooted Pierhead Development Project.The Pierhead Project, as it was referred to, was billed as the development of developments. It was an ambitious and transformative initiative that would be even more impactful than what the Limegrove has had on the quaint enclave of Holetown in St James.

Five new Massy stores in period of growth

Five new Massy stores in period of growth
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Massy United Insurance now owned by Bermuda company

Massy United Insurance now owned by Bermuda company
barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.

Massy group fit for expansion - Barbados Today

Massy group fit for expansion - Barbados Today
barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.

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