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This week at the cinema - March 28, 2018
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Britain mulls deposit scheme for bottles and cans
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Prime Minister visits Melbourne and Brisbane
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Cyberattacks ‘biggest risk for Swiss banks’
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Diocesan Way of the Cross
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Who urged billionaire passport buyer to use Pilatus, asks PN MP
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In Finland, robots are teaching children languages
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Record number of applications for Blitz artist residencies this year
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New drone gives PA a bird's eye view of illegalities
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Maundy Thursday spiritual walk
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Police help deliver baby boy on motorway
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Teenage pregnancy rate in UK lowest since 1969
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Cyberattacks on minister's mind as 58 recruits join Armed Forces
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'Call a spade a spade' when reporting domestic violence, journalists told
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Updates on Plaza Centres plc
On March 20, Plaza Centres plc released its audited financial statements for the financial year ending in 2017. This was the first time whereby the company consolidated the results of Tigné Place, the property it acquired recently, in its financial statements for a full year.
This showed a positive contribution in terms of revenue from this subsidiary despite the refurbishment works and the expiry of a significant number of rent agreements during the year 2017, which the company declared, led to lower occupancy rates.When compared to the year 2016, where according to the company’s prospectus for the bond issued in 2016, this subsidiary was fully occupied and generated an annual rental income of €479,781, Tigné place generated rental income for over €500k during 2017, despite the lower occupancy. We attribute this positive performance to the renewal of the relevant rental agreements at new terms, closer to market rates for the area. In this regard, at the time of the acquisition, Tigné Place was fully rented out at an average rate of €148 per square metre, which is well below the average rate in the Sliema area. We estimated that similar properties in Sliema area could be rented...
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30 minutes of homework a day is plenty, new guidelines for under-10s say
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Corinthia to open luxury hotel in Romania
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Watch: A bridge between China and Europe (ARTE)
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Last Supper table on display in Lija
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Sober and sorry young man admits to drunken fracas
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