Issue link: https://maltatoday.uberflip.com/i/936285
50 Events maltatoday SUNDAY 4 FEBRUARY 2018 THE Shoreline, a €200 million private project by Ricasoli Prop- erties Limited, offering a varied mix of 1, 2, 3-bedroom residences that enjoy spectacular views, landscaped open spaces, and an assortment of community ameni- ties, is expected to reach several important milestones during the next 11 months. These include the issuance of full-development permits, the commencement of excavation works on site and the appointment of the general contractor for con- struction. Concurrently, spikes in enquiries and sales are anticipated at each stage. Located a stone's throw from the seafront overlooking the azure Mediterranean Sea, The Shoreline is an unparalleled blend of ap- proximately 400 luxury residenc- es and a shopping mall. Set to be completed by 2022, this luxurious project will be creating a unique lifestyle and sophisticated desti- nation in the area of SmartCity Malta. These apartments enjoy a Spe- cial Designated Area Status (SDA), and fully conform to the parameters of the approved 2008 Masterplan for SmartCity Malta. Both EU and non-EU nation- als can purchase property at The Shoreline with the same acquisi- tion rights as Maltese citizens, and without the need to obtain an Acquisition of Immovable Prop- erty (AIP) permit. There are no limits on the amount of properties a buyer can purchase and, once ac- quired, the owners may also lease the properties out. Ricasoli Properties' managing director Steve Carter said: "2017 has been an outstanding year for The Shoreline, particularly dur- ing the last seven months follow- ing the launch of our 1st and 2nd Phases. Both Phase 1 and year-end targets were exceeded comfort- ably, with strong local and over- seas interest and high market confidence, with a buyer ratio of about 60% local, 40% foreign. On a regular basis, we receive enquir- ies. Sales have increased following the launch of favourable payment terms, the banks' loan support, and the backing of the project by all major estate agencies." Ricasoli Properties Ltd is cur- rently offering Phase 2 seafront units with client-friendly payment terms. Payment structure con- sists of a 10% deposit on promise of sale agreement (POSA), 10% payment upon the issuing of full development permits, 10% pay- ment upon completion of the unit in shell form while the remaining 70% will be paid upon final deed of purchase in a finished state. Ga- rage spaces are also available. Four major banks – APS Bank, BNF, BOV and HSBC - are all of- fering various loan packages for clients interested in purchasing properties at The Shoreline, giv- ing buyers added flexibility and choice. Enquiries and reservations for the remaining units of Phase 2 are being received at sales@theshore- lineresidence.com and tel: +356 2180 8895; +356 9949 7518. More information is available at www. theshorelineresidence.com. Several milestones for The Shoreline during 2018 FBIC adds Klein Constantia and Anwilka to its wine portfolio FARSONS Beverage Imports Company (FBIC) Limited have added another two jewels to their portfolio after being entrusted by the iconic South African wineries Klein Constantia and Anwilka to represent them locally. Dating back to 1685 and de- scribed as one of the world's most beautiful wine estates, Klein Constantia is set amidst ancient trees on the upper foothills of the Constantiaberg, with views across False Bay. Klein Constantia is custodian to some of the most historic vine- yards in South Africa and, indeed, the world. The unique location, climate and soils of the estate call for the making of terroir-driven wines, and it is to this principle that they are deeply committed. Today, Klein Constantia con- tinues to make some of South Africa's top wines and the world's best dessert wines; wines that re- flect the cool Constantia climate, as well as their historic tradi- tion. Klein Constantia's philoso- phy is founded on quality rather than quantity, reflected in their bottlings regularly winning top South African and international wine accolades. The Estate range elegantly expresses the unique terroir of the Constantia Val- ley, with a portfolio that includes one of the Cape's top Sauvignon Blancs, a Méthode Cap Classique Brut, Riesling, Chardonnay and an excellent Cabernet Sauvignon based blend. Anwilka Vineyards are located just 7 kilometres from the ocean in Stellenbosch's prime Helder- berg region. The property was purchased in the late 1990s and extensive replanting of 40ha of vineyards comprising primarily Cabernet Sauvignon, Shiraz and some Merlot followed. With the release of the epony- mous maiden vintage blend of Syrah-Cabernet in 2005, Anwilka has established a worldwide repu- tation for this red blend which has been described as "the finest red wine from South Africa". In May 2012 Anwilka Vineyards merged with Klein Constantia, purchased in 2011 by Zdenek Bakala and Charles Harman. De Boüard and Prats remain in the newly-merged company as mi- nority shareholders and Jooste becomes a non-executive board member. The primary objective of sparing no cost when it comes to wine quality has never changed. Anwilka Vineyards currently produces a flagship red blend, An- wilka and a second label red wine, Petit Frère; the aim being to pro- duce a new benchmark in quality for South African red wine. FBIC, a member of the Farsons Group, proudly imports and dis- tributes Klein Constantia and Anwilka wines locally which are available in selected restaurants. HSBC Malta has invested close to €1 million in water conservation projects in Malta, drawing from HSBC Group's global Water Pro- gramme. The bulk of the investment was stewarded by the award-winning HSBC Malta Catch the Drop campaign, which, since 2013, was used to finance water-related projects, create awareness across all social strata, and encourage public participation. This was announced at the launch of a new initiative by Minister for Energy and Water Management Joe Miz- zi, whereby the HSBC-supported Catch the Drop officially made way for a new government-run programme to be called LIFE. Catch the Drop was originally designed to be rooted in Malta's education system to inspire its 50,000 primary and secondary student population. However, this bottom-up educational ap- proach was subsequently ex- tended to include higher educa- tion institutes, local and business councils, government and NGOs, and international fora such as CHOGM and EU Presidency. Catch the Drop campaign had a number of notable moments in its five-year-long journey. The first was when it produced two water songs with international collaboration; 'Catch the Drop' and 'Water is Life', and one of the main singers went on to win Junior Eurovision. Another high- light was when the campaign was invited to address the EU28 en- vironment ministers. The cam- paign is the winner of 'Greening the Islands' award. In the area of publishing, the campaign supported the produc- tion of a number of material but the most popular turned out to be the Harvey the Lifestyle Dog® series, 50,000 copies of which made their way to Esplora, Ma- ter Dei Hospital, Malta Inter- national Airport, and dozens of schools. Other key events supported by the campaign were: the an- nual World Water Days, Skola- Sajf, Carnival, Big Dance and the 400th Anniversary of the Wig- nacourt Aquaduct among others. "Water management has al- ways been a high priority in the water-scarce Maltese Islands. Education remains one of our most effective tools in reaching people and achieving tangible results. We are happy to cel- ebrate HSBC's long-term com- mitment towards creating ef- fective campaigns aimed at the sustainable use of this precious resource, and look forward to our continued work in the fu- ture," Minister Joe Mizzi said. HSBC Malta has now launched a €323,000-programme to train its employees on water issues and see the installation of 12 smart water stations in schools. This new programme is in addi- tion to the bank's €60, 600 spon- sorship of the global 'Water Ex- plorer' programme introduced in Malta in November 2017. The funding for Catch the Drop was in excess of €540,000. "The fact that Malta was able to attract nearly a million euros worth of investment in the area of environment awareness is a huge endorsement for the hard work of more than 500 volun- teers from HSBC Malta, educa- tors and programme partners, and the larger society, without whose receptivity the various campaigns and projects would not have succeeded," said Gor- don Scicluna, Country Head Business Banking, HSBC Malta. The Shoreline offers an unparalleled mix of luxury apartments HSBC invests close to €1 million in water conservation in Malta