Engel & Völkers Sara Grech has launched an independent Commercial Division to complement the existing residential real estate services for both sales and rentals. The new business line will be headed by Pal Patrik Tarcza, who has 10 years’ experience in the commercial real estate sector in the European markets.
Based in Msida, the Malta Market Centre (MMC), the team offer a complete set of agency services for buying or leasing, as well as the set-up of commercial businesses and a wide range of consultancy services from acquisition and investment, through concept and strategy development, to valuation and after sales activity.
Sara Grech, President and CEO, commented: “Patrik and his team in Malta will further strengthen our presence. We now have over 60 real estate specialists in the island and over 30 years’ local market knowledge. The Maltese commercial market is growing fast and has significant potential for further growth in the years to come so it is the perfect time to have a dedicated team of specialists in this market, ensuring that our agents know the service values they represent”.
Engel & Völkers is one of the world’s leading service companies in the provision of high quality residential and commercial real estate, and yachts in the premium segment. With its licensing system and the 5200 employees in 38 countries, Engel & Völkers is the only German company among the top 100 franchise companies in the world*.
Around 520 shops specialized in high residential real estate and 50 commercial offices which provide office, retail and industrial space, investment properties, residential and commercial buildings, and property portfolios offer private and institutional clients a professional range of services.
Pal Patrik Tarcza, Sales Director of Engel & Völkers Sara Grech Malta, added: “Malta has one of the most attractive tax regimes within the European Union and is considered to be one of the fastest growing financial services centres in the world. Many business investors have already shifted their business to Malta. We now have a unique opportunity for international companies to penetrate the market and gain a higher profit, and for investors to acquire investment properties. Engel & Völkers Sara Grech in Malta has plans to become the market leader in this process, thanks to the competencies of our global network, and the local team with experience in European markets.”