Issue link: https://maltatoday.uberflip.com/i/1468112
€1.50 THURSDAY 19 MAY 2022 • ISSUE 156 WWW.BUSINESSTODAY.COM.MT PAGE 5 PAGE 3 PAGE 2 VBL Group plans luxury shopping hub in Zachary Street BOV accedes to physical meeting for shareholders - two weeks after virtual AGM €1.2 million Q1 profit before tax for MIA, despite slow start ti 2022 STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 18 May 2022 Number of Trades: 96 Turnover: €679,091.36 MSE TRX Index: 7,886.163 (Change: +0.381%) Name 3.8% HLF 2029 MT0001891218 - Currency € Last Traded 18 May, 2022 Price 99.340 Change +1.840 US Dollar 1.0499 British Pound: 0.84681 Japanese Yen: 134.77 Australian Dollar: 1.4998 Swiss Franc: 1.0372 7,476.22 -42.13 7,526.14 / 7,465.03 Value Net variation High / Low 0.56% KURT SANSONE A luxury shopping hub is being planned for Zachary Street, Valletta, by property company VBL, whose investment portfolio is exclusively focussed in Mal- ta's capital. The VBL Group has secured the Coliseum building in Zachary Street with company chiefs saying the acquisition will be completed by the end of 2022. The building covers 3,000sq.m and will be de- veloped into a hub concept similar to The Gut in Strait Street, which the company is developing into an entertainment and office complex. "The concept will be the same but while The Gut is a mixed development that incorporates en- tertainment establishments focussed on food and beverage, the Coliseum in Zachary Street will be focussed on retail, specifically, luxury shopping," Geza Szephalmi, CEO at VBL said during a media briefing on the company's performance. Send and receive payments instantly. Create a virtual Mastercard and order a physical one. Trade thousands of stocks, bonds, ETFs and funds. CCTrader is now moneybase. Make money simple. Get started today! Download the app. Investment services are provided through Calamatta Cuschieri Investment Services Ltd (CCIS) C13729 which is licensed by the MFSA. Payment Services are provided by Moneybase Limited (MB) C87193 which is licenced by the MFSA to transact the business of a Financial Institution in terms of the Financial Institutions Act, Cap 376. CCIS and MB are both subsidiaries of the CC Finance Group plc with registered address situated at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara, BKR 9034, Malta. The Gut in Strait Street: VBL wants to replicate this successful model for mixed-use commercial spaces