He believes the COVID-19 pandemic has given public and private investors in the capital the opportunity to slow down a little after 10 years of breath-taking changes. You need to adapt to today’s needs while being sensitive to the heritage.” You can’t just restore a building to what it was 400 years ago. “When you are restoring and regenerating properties in Valletta,” said Dr Imbroll, “you always need to take into consideration today’s needs. That static environment, however, should remain on the aesthetic level, with the function developing according to the needs of the people who live, work and visit there. He is confident that Valletta will remain protected, and expressed his certainty that in both 10 years and 100 years, the city build by gentlemen for gentlemen will be very similar to what we see today on an aesthetic level. He commended the “spectacular job” done by investors in the Knights’ city, and said he is not worried about anyone not being smart enough to safeguard Valletta’s uniqueness. “I believe that we were very lucky that Valletta was only shown under a spotlight in the last 10 years, when our sensitivity towards our built heritage was already very high.” He says the “incredible amount of investment” pouring into Valletta from both the public and private sectors has created a micro market which is unique, both in Malta and to Malta. Responding to a question on the evolution of Valletta, Dr Imbroll expresses his belief that it is the atmosphere of Valletta that has changed, “because the built fabric has remained the same, really, and it’s in the utmost interest of every investor in Valletta, and indeed everyone in Malta, that it remains that way.” VBL’s investments go beyond property, thanks to its commitment to the city’s social and art culture, which it believes are part and parcel of its attraction.Īs Dr Imbroll puts it: “Valletta isn’t only about its architecture it’s also about the social fabric.” That’s the vision of Dr Andrei Imbroll, co-founder and chairman of Valletta Boutique Living, or VBL, which is today the largest private owner of real estate in the city designed by Francesco Laparelli, with a diverse property portfolio consisting in the residential, hospitality, office space, and food and beverage markets.ĭr Imbroll was speaking during the latest episode The Boardroom, where he was joined by Malta Hotels and Restaurants President Tony Zahra and Managing Director at Perry Estate Agents Robert Spiteri Paris to explore the importance of Valletta’s continued development to Malta as a whole. Valletta’s development in the last 10 years has seen it win its rightful place on the local market, with the next decade all about taking it to where it should be, on a level with its European and Mediterranean peers.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |