Mandy Peters & Nigel George sign the land transfer papers in Jamestown

Trade Winds Corporation PLC’s subsidiary Saint Helena Developments Limited, has today taken formal transfer of the land on which it plans to construct 150 units of luxury housing as well as ancillary clubhouse and management buildings.

Owing to COVID travel restrictions, Nigel George, Trade Winds’ on-island partner, signed the transfer documents on behalf of the company.

Before construction of the properties to be sold can be commenced, Trade Winds Corporation is required to complete the design of the picnic and camping area, obtain approval to the final design and complete the construction of the communal facilities and playground. They also have to file comprehensive provision of utilities design for the whole site, as well as an advanced environmental management programme. These pre-project administrative tasks will commence as soon as the island is fully open and all covid restrictions have been lifted.

Trade Winds Corporation CEO, Paul O’Sullivan said, “We are pleased that we have now overcome most of the hurdles to getting these projects off the ground. I previously gave an undertaking that we are serious about making these projects happen and our level of commitment is clear from the millions of Pounds we have already invested in St Helena. In 2021, we disposed of all our non-St Helena assets so that we can now focus on what we have in front of us in the South Atlantic. We hope to employ as many Saints as possible, not only in the projects, but also in the post construction stages, in managing the properties and providing sift services, such as facilities management and guest services.”