The Tigné Point Office Block
Point your business in a new direction
With construction works set to commence imminently, Tigné Point’s new purpose-built business centre will be the first of its kind in Malta: an iconic 12,500 square metre development offering some 1,500 m2 of modular, open-plan space per floor that will be backed by a robust and scalable IT infrastructure.
Why work from Tigné Point?
The Tigné Point business centre consists of two blocks connected via an atrium bridge overlooking the restored historic Garden Battery. With a prime and central location at the heart of this ‘new-town’ development, this iconic new building offers extensive views, both of the seafront and the car-free piazza.
The office block is part of the larger Tigné Point project: an award-winning, mixed-use development enjoying a car-free environment with residential, catering, retail and fitness facilities in close proximity and with ample underground parking facilities.
Malta's economy is changing and moving on from a predominantly industrial base to a service/knowledge-based economy. Financial services currently generate over 12% of GDP and this is expected to double over the next decade. As the number of expatriates coming to Malta to work increases, so does the demand for quality office accommodation. This shift in the economy has brought about a large increase in the demand for international-grade office buildings, an increase which is expected to continue.
Specifications and facilities
Conscious of the fact that office space users in other mature office markets around the world have forced the pace in making developers build to specifications that address the real current and anticipated future needs of occupiers, the developers of the Tigné Point business centre have planned to address the requirements of an ever-more discerning level of business tenants. The world has moved on from the simple maxim of the 3 L's of real estate selection. Indeed, at Tigné Point, the 4 P's may be more appropriate: Parking, Public transport, Premises and Proximity.
Extensive underground parking will ensure a car-free ground level environment at Tigné Point. In Malta, commuting to work by car is the primary mode of transport for the majority of office workers. In addition to some 1,000 parking places for the residents, a further 1,000 or so spaces over four levels are currently planned to support the offices and the retail and leisure facilities.
Regular, daily public transportation will service Tigné Point with bus stops planned close to the western entries to the project. Picturesque ferry routes link nearby Sliema Ferries to the capital Valletta, where the majority of government, semi-government, professional and commercial organizations are based today.
The office space is being designed to satisfy user demands and to permit fit-outs to the highest specifications required by targeted occupiers. Now that Malta is an EU member, office space specifications will be strongly influenced by the needs of foreign tenants used to world-class facilities. To facilitate user installations of IT systems and facilities in the most user-friendly, cost efficient and flexible manner, MIDI has formed a joint venture with Siemens to provide a state-of-the-art IT services backbone throughout Tigné Point that will cater for the needs of office and private users. Also contemplated in office designs will be productivity enhancing large open floor plans, and raised floors for easy cabling and cost efficient lay-out change flexibility.
The proximity of a supporting environment is one of the key elements of a successful office offer. The changes underway in the area increasingly add weight to the Sliema-Tigné area as the most favoured private sector office area in Malta. The density of business in the general Sliema district encourages the proliferation of retail, cafes and catering facilities and vice versa. This allows businesses or organizations in such office areas to attract the best staff drawn to the benefits of the quality offices and good supporting environment - one key element for successful businesses.
At ground floor level the block's southwesterly orientation makes it ideal to house catering establishments with extensive dining terraces on the piazza. Top notch eateries are envisaged for this zone and these will provide office tenants and visitors to the area with further scope for their entertainment and leisure time.
Relocating your business to Tigné Point will be one of the smartest decisions you'll ever make and one your staff will thank you for.
If you would like to receive further information on this new development please contact us