Page 4 - Malta Developers News Today

Coca-Cola renewed its lease at the Seneca Industrial Park in Pembroke Park, and the Plantation Walk mixed-use project scored three new retail tenants.

Alta Developers sells residential portfolio to Frontal Trust for $22 million.

He has instead been appointed as honorary president of the MDA, and Michael Stivala has been appointed acting president

Finance Minister Clyde Caruana caused quite a stir last week when he simply stated the sacrosanct truth, that Malta must change tack and opt for an economic mod

The recent appointment of former Labour MP Deborah Schembri as the new director-general for the Malta Developers Association has raised a few eyebrows. The ink on (former PN MP) Marthese Portelli’s resignation had barely dried when news of Portelli’s move to a key post at the Chamber of Commerce triggered a lightning-quick change of guard. The MDA, one of Malta’s most powerful lobbies, can thus boast of engaging the services of two former Members of Parliament, both of them with extensive...

The eurozone’s economy grew at a rapid rate since 2013 and this contributed to the unprecedented boom in Malta’s already flourishing property market. This upswing boded especially well for the lucrative local rentals market. The entire property industry, a very important component of the national economy, has always been one of the best places to invest in, the reason for this being that interest rates given by the banks have been at historic lows for some time. It, therefore, makes far mor...

According to a spokesperson for the environment ministry, the government “has no intention to relinquish this right”. This suggests the government will be responsible to ensure access to the bay is not blocked again and that the public can freely walk to the foreshore. Architects report notes dangers Chetcuti has said he is willing to allow public access to the bay through his land and insisted through his lawyer that access was closed off because the area is not safe to walk through. If an...

Abela said the reform will not weaken the industry but rather increases its sustainability. “We have to accept that we need to raise standards, and walk away from old practices,” he said. The Labour leader said that while developers must be understood and incentivised, government’s priority must be that of protecting the safety of people in their households.   Such a priority, he said is shown in the proposals being forwarded, such as the right to employ an architect if a development is ...

The number of building-related companies continues to increase with each passing year, although different sets of statistics paint divergent pictures of the size of the sector. Report: Julian Delia While National Statistics Office (NSO) figures indicate that there were 8,980 construction-related business units in 2019, data held by the Malta Business Registry lists 125 companies engaged in construction-related activities last year. Figures held by construction lobbyists, the Malta Developers�...

3050 Biscayne Boulevard, Suite 604, Miami, FL 33137 Phone: 212-260-1332 We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Privacy & PolicyOk, Got it Privacy & Cookies Policy Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic ...