Coca-Cola Renews Pembroke Park Industrial Lease
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.
Source: therealdeal.com
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Frontal Trust Pays $22M for Residential Portfolio
Alta Developers sells residential portfolio to Frontal Trust for $22 million.
Source: therealdeal.com
Sandro Chetcuti steps down as president of Malta Developers Association
He has instead been appointed as honorary president of the MDA, and Michael Stivala has been appointed acting president
Source: maltatoday.com.mt
No one can serve two masters – Alan Deidun
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
Source: timesofmalta.com
Doors that keep revolving
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 knowledge of the Planning Authority. While Portelli had been the PN’s representative on the PA bo...
Source: timesofmalta.com