Business

Image of Portomaso unique waterfront development to represent Portomaso Property

Feature: Portomaso – unique waterfront development

Portomaso is a unique waterfront development, which promises to fulfill the aspirations of the world’s most discerning property seekers. Situated in the fashionable district of St. Julian’s, on Malta’s northern coast, Portomaso offers purchasers a truly inspiring choice of luxurious waterfront apartments, overlooking a magnificent new yacht marina. The apartments at Portomaso have been designed

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New residence scheme for foreigners launched thresholds reduced

Feature: New residence scheme for foreigners launched, thresholds reduced

A new residence programme for foreigners (non-EU) was launched this morning, replacing the foreign residents’ scheme which was controversially suspended in 2011. Parliamentary Secretary Edward Zammit Lewis said the Global Residence Programme, as the new scheme is called, will allow people who buy high value property and pay taxes in Malta to benefit from a

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Malta worlds second safest country World Risk Report 2013

Malta world’s second safest country, again – World Risk Report 2013

The recently published 2013 edition of the World Risk Report, drawn up by the United Nations University’s Institute for Environment and Human Security in Bonn and Alliance Development Works”, a coalition of German NGOs, has named Malta, once again, as the world’s second safest country in terms of its exposure to and ability to cope

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Historic Merchant Square in Glasgow changes hands

Historic Merchant Square in Glasgow changes hands

Historic Merchant Square in Glasgow changes hands A historic venue in Glasgow has changed hands in a multi-million pound deal. Merchant Square and four other bar and restaurant units on nearby Candleriggs were sold by Merchant City Properties for a combined price of £9.5m. They were bought by Clydebuilt Fund, which is owned by the

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Hundreds March Over Soaring Housing Costs

Hundreds March Over Soaring Housing Costs

Hundreds of people have marched through London in a protest over soaring housing costs in the UK. Protesters gathered at Shoreditch in east London and Elephant & Castle in the south of the city before marching to City Hall for a rally. Campaigners who want the Government to take steps to create a fairer housing

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dalian wanda

Dalian Wanda to invest $1bn in Sydney property

Chinese property developer Dalian Wanda is making plans to put its mark on Sydney Harbour Chinese property giant Dalian Wanda is set to invest $1bn (£667m) in a development near Sydney Harbour. The news came after US equity firm Blackstone said it was selling a Sydney office building to the group for A$415m ($327m; £218m).

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Canary Wharf Owner’s U-Turn On Qatar Sale

The owner of east London financial district Canary Wharf has dropped its oppostion to a £2.6bn bid for its sale to a Qatar-led consortium. Songbird Estates changed its stance after the Qatar Investment Authority (QIA) and its bidding partner Brookfield Property Partners went directly to shareholders last month. Songbird said the sale now had the

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