VBL Group announced that it is leasing out another one of its properties in Strait Street, Valletta, to give way to the opening of a commercial outlet – a bar called ‘Mae West’.
The bar is situated in Strait Street’s ‘The Gut’ area.
The Group said that the newly regenerated unit is set to deliver substantial revenues, allowing VBL to continue recording strong financial results.
“The catering industry has taken a worldwide knock during the COVID-19 pandemic,” VBL Chairman Andrei Imbroll said.
“The launch of the Mae West is a true testament to the strength of the Valletta product and what VBL has managed to achieve with the regeneration of The Gut,” Dr Imbroll continued.
Mae West’s opening allows The Gut, located at the lower end of Strait Street, to continue to establish itself as Valletta’s nightlife district.
The newly opened bar promises to capture the essence of the 1930s, all whilst delivering a night out to remember.
“Strait Street is back maybe stronger than ever. It’s a super exciting time for The Gut,” VBL Head of Development Stephen Clough said.
“In the words of Mae West, ‘too much of a good thing can be wonderful’,” he concluded.
BOV announces new Chief Risk Officer and Chief People & Culture Officer
'We have taken these steps with our long-term strategy and stakeholders’ trust in mind,' BOV CEO says.
‘Private credit steps in when banks step back’: Apollo executive Jonathan Orr
He highlights how alternative lenders are increasingly filling financing gaps left by traditional banks, particularly during periods of market volatility.
Ras Al Khaimah is natural partner for db Group projects – Robert Debono
db Group’s family office SDH Capital opened a new office in Ras Al Khaimah.
‘AI doesn’t reduce bias, it scales it’ – Gege Gatt
The EBO.ai CEO said that the real opportunity in workplace artificial intelligence is not automation, but augmentation.
