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From bricks to bonds
Over recent years, local investors have increased their focus on the Maltese real estate market. This attention highlights planning concerns, oversupply issues, and housing affordability challenges. Josef Cutajar, financial analyst, and Justin Mizzi, real estate valuer, on the central role of real estate in the Maltese capital market.
Developing a sustainable real estate ecosystem
JP Fabri explores the current state of Malta's real estate, European movements towards sustainability, and lessons from global benchmarks that could help Malta align with international standards and foster a safe, efficient, and sustainable real estate ecosystem.
Brown or green? Which colour should drive our real estate industry?
The real estate industry stands at a crossroads in several critical areas of the buying process. Simone Vella Lenicker questions whether the industry's future lies in its green credentials or conventional brown attributes, asking what drives value in today's market.
The Alliance of Real Estate People
In the dynamic world of real estate, Alliance Real Estate Group has emerged as a trailblazer, defying industry norms and setting new benchmarks for success. Under the visionary leadership of its award-winning CEO, Michael Bonello, speaks to Money about the Group’s unprecedented growth, redefining Malta's real estate corporate landscape.
Beyond the brochure: The irrational factor in real estate investments
Justin Mizzi looks into a multifaceted issue plaguing the tourism sector and our local real estate market.
From grey to green, can Malta flourish?
Project Green, a seven-year initiative with a budget of €700 million, aims to create a greener and more liveable country for Malta. In an interview with Steve Ellul, Project Green CEO, he discusses with Giselle Borg Olivier what he would like to see from the project and how he plans to achieve these goals.
Disaster strikes: Are we addressing the "elephant in the room" on a local level?
While the recent series of small earthquakes may have caused concern among locals in Malta, it's imperative to understand that not all earthquakes are linked, and not all small earthquakes lead to bigger ones. With a vast amount of misinformation circulating the islands in the wake of the Turkey and Syrian earthquakes, Dayna Camilleri Clarke spoke to Prof. Alex Torpiano, dean of the Faculty for the Built Environment at the University of Malta and executive president of Din l-Art Ħelwa to dispel the myths surrounding this hot topic.
THE ROLE OF REAL ESTATE IN MALTESE SOCIETY
Frank Salt Real Estate director Grahame Salt shares his overview of Malta’s resilient property market and the Group’s social responsibility initiatives for 2022. He also talks about the company’s plans and strong environmental awareness.
GREEN(ING) REAL ESTATE IS IMPERATIVE TO ACHIEVE CLIMATE NEUTRALITY
Moving towards a more sustainable society and urgent climate action have gained more and more traction in the past years. In addition to government policies and international agreements such as the EU Green Deal or the Paris climate accord, active commitments by private sector companies and greater scrutiny by shareholders, customers and civil society are increasingly driving this green transition. Dr Kathrin Kutlescha, a chemist and manager at EY Malta's Sustainability team, reports.
LEADING LADIES OF REAL ESTATE
As more women join the labour force, Malta's real estate market remains generally considered a male-dominated realm where women seem to play a somewhat secondary role. Meanwhile, whilst Alliance Real Estate Group still has slightly more men than women working in their branches, the company is decidedly celebrating women's participation in leadership roles to address any remaining misconceptions about gender balance effectively.
DATA MATTERS - HOW CAN MALTA SOLVE ITS TRANSPARENCY CHALLENGE
Over the past three years, markets worldwide have become increasingly uncertain due to events such as the Russian invasion of Ukraine and the COVID-19 pandemic, which have resulted in consumer uncertainty, rising inflation and interest rates, and issues in the supply chain distribution. Malta is no exception, with the recent grey-listing adding to this uncertainty even further. Justin Mizzi, a real estate valuer at Archi+, an architecture firm based in Malta, explains the importance of having meaningful data in uncertain times.
HOW SPECIALISTS ARE MADE
People working in real estate have different ways of being referred to, agents, consultants, brokers, and realtors, but the team at QuickLets and Zanzi Homes are known as specialists. Here's why.
PROPTECH'S DISRUPTIVE FORCE IN THE REAL ESTATE INDUSTRY
With €9.12 trillion in global assets, commercial real estate is more significant than all other asset classes available to investors. Reaching €1.25 trillion in 2021, investment into global commercial real estate was up by 55% compared to the previous year and 21% from 2019. It's not difficult to understand the part this asset class has played in generating extraordinary wealth for those who have committed to it. Giorgio Saronne and Daniel Galea explain.
A SWOT ANALYSIS OF THE REAL ESTATE MARKET
Over the years, the local real estate market has emerged as a sector of robust growth—a positive when looking at its growth trajectory and contribution to the domestic economy. Nonetheless, Jordan Portelli has started to see cracks following the positive run experienced over the past decade.
TOWERING ABOVE OTHERS
Love it or hate it, we've all seen the enormous 'tower with a twist' taking its place in the St Julian’s skyline. Giselle Borg Olivier speaks to Joseph Portelli, the man behind the controversial project stamped with the famous Zaha Hadid name.