There has been a tremendous response to the latest business centre offering, The Hub, with over half the 39 suites already occupied in less than two months.

The Hub, in San Ġwann, belongs to GX4 who have entrusted its management to real estate agents Belair.

“The economy in Malta is incredibly dynamic at the moment and at Belair we realised that there was a tremendous demand for good office space, but that people want flexibility. The market is changing and this is the way of the future.

“People want shared facilities, like meeting rooms, the reception service – more of a personal assistant, really – and the social area on the penthouse floor,” Belair head Ian Casolani said.

The largest of the 18 tenants has taken over 150 square metres, but there are also sole operators, and even hot-deskers. The rental agreements are also designed to allow contracts for as little as one month for people like project managers or consultants, who are only going to be in

Malta for a limited amount of time. Prices start from €400 a month.

“The Hub model is very straightforward and hassle-free as the tenants find everything ready, from utilities and communications, to a weekly cleaning service,” he said.

The building also offers a kitchenette and toilets on each floor, including vending machines, and also billable printing and scanning facilities.

The reception is open from 8.30am to 5.30pm – which helps for tenants expecting deliveries – but they can also use their cards to gain access at any time. The open square in front of the building means parking is easy – which also helps to overcome the disadvantage that there are few bars and restaurants in the immediate vicinity.

“If you know that you can park easily when you get back, then you are not deterred from going out to eat in Sliema or St Julian’s,” he said.

www.thehubmalta.com