QLZH Group closes €6.8m tranche of €12m bond programme

QLZH Group has announced the successful closing of the first €6.8 million tranche of its €12 million secured callable bond programme – fully subscribed in less than 3 days and now officially listed on the Malta Stock Exchange.

Offering an attractive 5.5% yield, the bond issue has drawn strong investor interest, signalling firm confidence in QLZH Group’s vision for the future. This first tranche represents a pivotal milestone in their ongoing strategy to fuel the company’s ambitious expansion into the property development space.

A second tranche of €5.2 million is expected to be launched in the coming months, tied to key development milestones and underscoring the Group’s commitment to disciplined growth backed by transparency and performance.

QLZH Group continues to deliver strong performance across its core business pillars. According to recent public disclosures, it is on track to grow its asset base beyond €14 million by the end of the year, with projections reaching €22.7 million by 2027, driven by a robust pipeline of income-generating property developments.

As part of its long-term strategic evolution, QLZH Holding has officially transitioned to a Public Limited Company (PLC) structure. A board of directors composed of seasoned professionals will provide oversight and leadership. Led by group chairman, Dr Francis Galea Salomone, the board includes group CEO and executive director Stephen Mercieca, group finance director and executive director Michael Mercieca and non-executive directors Luke Coppini and Edward Cachia.

QLZH Group continues to deliver strong performance across its core business pillars.

Commenting on the success, group CEO Stephen Mercieca said: “This successful first tranche is a clear vote of confidence from the market. With fresh capital and a stronger governance framework in place, we’re poised to unlock the next phase of QLZH’s growth – delivering quality developments and long-term value for our stakeholders. He also concluded to say that such milestone would not have been possible without the hard work, commitment and loyalty of all the team”

He noted how the road ahead is lined with opportunity, and QLZH Group is moving forward with focus, financial strength, and a bold vision for the future of real estate in Malta and beyond.