WATCH: Attracting Multi-Million Euro Investments To Malta’s Real Estate Sector
The Property Malta Foundation recently marked its presence at the renowned MIPIM conference in Cannes. This is the laregst real estate event in the world drawing over 25,000 professionals from the global real estate sector.
Under the leadership of Chairperson Sandro Chetcuti, the Foundation led a delegation, showcasing Malta’s real estate opportunities to an international audience for the first time. MIPIM, celebrated for its business-to-business focus, provides a vital platform for networking, investment discussions, and the exploration of new products and talent across 90 countries.
Events like MIPIM are integral to the Foundation’s strategy, aiming to place Maltese real estate on the global map. Alongside physical participation in such events, the Property Malta Foundation maintains a robust online presence and conducts ongoing research to bolster the local industry.
These efforts form the cornerstone of their operations plan, designed to elevate Malta’s real estate offerings on the world stage.
Selecting events and participants is a strategic process for the Foundation, driven by market research and consultations within its Board. This meticulous planning ensures participation in events with the highest potential for attracting investment.
The Foundation’s collaborative approach, leveraging strong connections with local estate agencies, property developers, and legal and financial service providers, ensures a diverse and effective representation at such international gatherings.
The MIPIM 2024 delegation comprised 26 professionals, including property developers, estate agencies, and consultants, showcasing major projects like The Verdala Terraces and Shoreline, alongside broader investment opportunities.
Collaboration with entities such as the MTA and Malta Enterprise offered a comprehensive insight into the Maltese market, further solidifying the delegation’s impact.
Highlighting the political significance of such events, Junior Minister for Public Works, Hon. Omar Farrugia MP participated, contributing to discussions on housing affordability—a topic of global relevance exacerbated by the current energy and cost of living crisis. His involvement underscored the multifaceted benefits of participating in MIPIM, beyond mere networking.
The tangible outcomes of these efforts are evident in the keen interest from investors, especially in high-value properties. While initial discussions at MIPIM lay a foundation, the sustained effort in fostering these relationships is critical.
The Foundation’s participation not only underscores the potential of Malta’s real estate sector but also solidifies its position as a key player in the global arena, capable of attracting multi-million Euro investments.
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