LUXFAIR REAL ESTATE AND 77 GREAT ESTATES MERGER

Luxfair Real Estate and 77 Great Estates Merger

Luxfair Real Estate and 77 Great Estates are very pleased to announce the merger of the two businesses. The merged real estate business will be working out of Luxfair’s Ta’ Xbiex office situated in Testaferrata Street.

The two directors – Robert Zammit and Carl Peralta – agreed to merge on January 31, 2020.

“This brings economies of scale to the business as well as access to 16 years’ worth of business experience and contacts of 77 Great Estates,” Dr Zammit said. “This will result in a better service to our esteemed clients.”

Dr Peralta is also enthusiastic about the merger of the two estate agencies.

“I had identified a consolidation in the market and the fact that the merger of businesses can help the firm open up new business lines as well as get access to the CEO of Luxfair, Derrick Maguire,” he said.

Mr Maguire brings along 30 years of experience in real estate franchising worldwide and Dr Peralta was very excited to work alongside Mr Maguire and grow the combined businesses.

 

Read the full announcement on The Times of Malta website.



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