Issue link: https://maltatoday.uberflip.com/i/702141
maltatoday, SUNDAY, 10 JULY 2016 IV Property & Construction If you could change one thing about the industry what would it be and why? "Introduction of contrac- tors' classifications so that developers would pay for the expected quality and in return, the contractors can invest in its HR and improve their wage structures which indirectly will attract more workers to this important industry to the Maltese economy," chairman Anglu Xuereb says. What advice would you give to consumers seeking properties? Get professional technical advice to value the property before purchasing or selling a property to evaluate the pros and cons of the property. I have been promoting this for a long time that in Malta, we need professional property valuators made up of various specialities that includes : • A Structural engineer to evaluate the structure • An engineer to evaluate the sound and thermal properties • A lawyer or a Notary to check the legal title • An estate agent to evalu- ate the current market prices After their evaluation they will give a weighting to the property and come up with a realistic property valuation. Anyone who wishes to have an indication of this real value of his or her property can ap- point these valuers, this will avoid owners who wish to sell their property asking for unre- alistic prices CONTINUES FROM PAGE II The Group has a large develop- ment portfolio that includes the Valletta Cruise Port (VCP) project known as the Valetta Waterfront Terminal, the Verdala Mansions, the Capua Palace Hospital and General Precast Concrete Ltd, both still leading in their respective fields. The demand for quality construction is on the rise and this is where the group hits it big; by implementing health and safety systems during the actual construc- tion phases. Need to diver- sify restoration regeneration of the old buildings within UCA. By adopting such practices the AX Group has seen a surge in demand for the development of turnkey quality projects. Regulations change and so have the tra- ditional methods in building, leading to more challenging large scale projects set on international standards. The AX Holdings Group gives top priority to the ecosystem and has always used and implemented proposals that safeguard the environment, this is another confirmation of the group's forecasted vision as today it is a must to safeguard sound envi- ronment in Malta. The AX Group now also organizes and manages its own con- struction of demolition waste effectively and efficiently across all of its projects. Anglu Xuereb's wish-list The AX Holdings Group gives top priority to the ecosystem