Global Capital plc’s financial statements for 2018 show pre-tax earnings of €1.2 million. The company registered a total return on investments of €1.8 million in spite of negative returns on the local and global markets, while recording an increase in assets of €10.4 million to €137.8 million.
The group’s net asset value at end of the year stood at €18.5 million compared with €18.2 million in the previous year.
Global Capital chairman Paolo Catalfamo said he was satisfied with the group’s results, particularly since the investment market had endured a difficult year due to international economic and political uncertainty.
Largest real estate database
Gallarija.mt, launched in mid-April 2019, has already garnered a sizeable and loyal user base.
As the largest real estate database in Malta, Gallarija.mt uses an artificial intelligence engine that scans the internet and gathers real-time information about all property listings in Malta into a single website.
The company is looking to reach out to the industry in order to assist stakeholders with meaningful data about what property hunters are actually searching for, be that price, size and type of property, location, and much more.
Gallarija.mt does not charge listing fees, commissions or referral fees.
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