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Сентябрь
2024

Portelli vs Stivala: developers divided on offices oversupply

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Two of Malta’s largest developers disagree over whether the country is suffering from an oversupply of office spaces.Mercury Tower developer Joseph Portelli said he was “avoiding” office developments amid a decline in the market fuelled by lacklustre demand and a slew of vacant properties.But fellow developer and Malta Developers Association (MDA) head Michael Stivala thinks...