Virgata HQ Ltd, a subsidiary of Virgata Group S.à r.l., has acquired a 31.4% stake in Plaza Centres plc from Mapfre MSV Life plc. This increased Virgata’s stake to 37.615% of Plaza Centres plc.
Virgata is a privately owned investment firm specialising in commercial property across Europe.
Its flagship asset is the Van Nelle Fabriek in Rotterdam, the Netherlands – a circa 59,000 square metre converted factory complex and UNESCO world heritage site.
In a staement, Virgata said that the investment signals its long-term commitment to Malta. The firm intends to take an active role in supporting Plaza’s future growth and development and the creation of value for all shareholders.