Pricing
AXR 0.406 --
AX32A 93.000 --
AX24A 100.000 --
AX29A 95.030 --
AX26A 97.000 --
Listed Instruments
AX26A
2026 | 3.25%
AX29A
2029 | 3.75%
AX33A
2033 | 5.85%
€97.000*
€95.030*
€106.000*
*As at 17/10/2024 02:00pm
from Malta Stock Exchange.
*As at 17/10/2024 02:00pm
from Malta Stock Exchange.
*As at 17/10/2024 02:00pm
from Malta Stock Exchange.
Listed Instruments
AX32A
3.5% AXR 2032
AXR
ORD A SHARES
€93.000*
€0.406*
*As at 17/10/2024 02:00pm
from Malta Stock Exchange.
*As at 17/10/2024 02:00pm
from Malta Stock Exchange.
Listed Instruments
Investors Loyalty Scheme
Investors are entitled to a loyalty card which offers a number of discounts and benefits across the AX Group hotels and restaurants.
Newsletter
Investment News
Palazzo Lucia: A Historic Landmark Reimagined as a Prestigious Office Address
AX Group is proud to announce the stunning transformation of Palazzo Lucia, an 18th-century Baroque palazzo in Valletta. Originally acquired in a state of neglect, this historic building has been restored into a prestigious office address, offering 1,248 square metres of luxury space that blends timeless elegance with the needs of the modern workplace. This €8,000,000 investment marks a significant milestone in AX Group’s portfolio, expanding and strengthening the company’s footprint in commercial real estate. The acquisition and restoration of Palazzo Lucia is aligned with AX Group’s ongoing commitment to preserving Malta’s architectural heritage and to create high-quality assets that provide long-term value to our investors. The AX Development and AX Construction teams, led by Group Architect James Attard and Senior Design Architect Justin Coppini, along with independent architect Philip Micallef A.& C.E., have brought life into the building through the introduction of a private office concept. Original features, such as the intricate floral motifs scattered throughout the building, the timber coffered ceilings, original wrought iron work and the iconic curved balcony were meticulously restored. The rich architectural grammar of the Palazzo shines through the sensitive and well-studied interventions required to bring the building into the 21st century. “Transforming buildings of cultural significance is a passion that drives us,” says Denise Xuereb, Director of Construction and Development at AX Group and CEO of AX Real Estate. “Our focus goes beyond just development; we are dedicated to creating high-quality projects that respect and enhance their surroundings. At AX Group, we believe in leaving a lasting legacy, not just through the buildings we restore but also by reintegrating them as vibrant parts of their communities. Palazzo Lucia is yet another milestone in our ongoing journey to blend the past with the present, ensuring these spaces continue to serve and inspire future generations.” Now home to 18 fully serviced offices, the new tenants enjoy a comprehensive suite of amenities, including meeting areas, a boardroom with advanced video conferencing, and a stunning rooftop terrace with panoramic views over Valletta and the Grand Harbour. The central courtyard, enhanced with a panoramic lift and ventilated glass ceiling, allows natural light to flood the space, creating a bright, welcoming environment that seamlessly blends with the palazzo's historic context. Palazzo Lucia is yet another quality project by AX Group, demonstrating our commitment to respect and preserve Malta’s rich architectural legacy while addressing the needs of modern businesses, and maximizing investments through high-quality developments. [gallery link="file" size="portfolio" ids="3663,3655,3657,3658,3659,3660,3661,3664"]
Read MoreAX ODYCY Clinches TripAdvisor Travellers’ Choice Award for 2024
We are thrilled to announce that AX ODYCY has been honoured with the esteemed TripAdvisor Travellers’ Choice Award for 2024. This recognition places AX ODYCY among the top 10% of listings on TripAdvisor, a testament to the exceptional experiences and hospitality we provide our guests. CELEBRATING EXCELLENCE IN HOSPITALITY The Travellers’ Choice Award is an accolade that celebrates the best in hospitality based on the reviews and opinions of millions of travellers from around the globe. Each year, TripAdvisor meticulously evaluates the quality and quantity of traveller reviews and ratings over a 12-month period. To be considered for the award, a property must be listed on TripAdvisor for at least one year, receive a substantial number of reviews, and maintain a high bubble rating. What This Award Means for AX ODYCY Winning the Travellers’ Choice Award is not just a reflection of our commitment to providing excellent service; it also signifies that our guests truly appreciate and acknowledge the unique experiences we offer. This award is particularly meaningful as it is based directly on the feedback from those who matter most – our guests. Their reviews and ratings have propelled us into the circle of top-rated accommodations worldwide, just one year since opening our doors in May 2023. A heartfelt thank you goes out to our employees who push boundaries and strive for the best experience for our guests. It is thanks to their hard work and dedication that we have received such fantastic ratings. About the Travellers’ Choice Awards The Travellers’ Choice Awards are divided into two main categories: Best of the Best and Travellers’ Choice. The Best of the Best represents the highest honour and is awarded to the top 1% of listings on TripAdvisor. These winners are celebrated for offering the very best experiences in their respective categories and geographic areas. On the other hand, the Travellers’ Choice Award, formerly known as the Certificate of Excellence, recognizes businesses that consistently earn great reviews and are ranked among the top 10% of listings on TripAdvisor. This year, the awards honoured favorite destinations, hotels, restaurants, and attractions, showcasing the places and experiences travellers cherish the most. Receiving the Travellers’ Choice Award highlights AX ODYCY’s unwavering commitment to hospitality excellence and guest satisfaction. A Heartfelt Thank You to Our Guests We want to extend our deepest gratitude to our guests for their continuous support and for taking the time to share their positive experiences on TripAdvisor. Your feedback is invaluable, and it drives us to continually enhance our services and offerings. We are dedicated to ensuring that every stay at AX ODYCY is memorable, comfortable, and exceptional. Looking Forward As we celebrate this incredible achievement, we remain committed to maintaining the high standards that have earned us this recognition. We look forward to welcoming both returning and new guests to AX ODYCY, where they can expect the same level of excellence that has garnered this prestigious award. Thank you for making AX ODYCY a part of your travel experiences and for helping us achieve this remarkable milestone. Here’s to more unforgettable moments and outstanding hospitality in the years to come. For more information about the Travellers’ Choice Awards and to read our reviews, visit our TripAdvisor page here.
Read MoreHighlights from the 3rd Annual General Meeting
AX Real Estate plc is pleased to share highlights from our 3rd Annual General Meeting, held on April 23rd, 2024, at the Hilltop Gardens in Naxxar. The meeting commenced with an address from our Group Chairman, Mr. Angelo Xuereb, who provided comprehensive updates on significant developments. These included the much-anticipated unveiling of the NEW AX ODYCY and Lido, alongside progress reports on the Verdala Wellness Hotel project, showcasing the meticulous attention to detail in both architectural and operational aspects. Subsequently, our CEO Ms. Denise Xuereb, presented a strategic overview of AX Real Estate Group’s operations, underlining our commitment to excellence and our strategic direction for sustainable growth. Following Ms. Xuereb’s presentation, our CFO, Mr. Joseph Borg, dissected the financial performance for the Financial year ending October 2023. An Election of Directors took place, resulting in the appointment of Ms. Claire Zammit Xuereb as a new director, along with the reconfirmation of Mr. Stephen Parsi and Dr. Christian Farrugia to our board. We extend our sincere gratitude to all attendees for their engagement and contribution to the success of our AGM. As we move forward, we remain steadfast in our commitment to delivering value to our shareholders and stakeholders alike.
Read MoreAX Group Publishes 2023 Annual Report and Financial Statements
AX Group proudly presents its Annual Report and Financial Statements for the year ending 31st October 2023. This comprehensive publication encapsulates our 2023 journey, achievements, and milestones across diverse business units, including care, hospitality, construction, development, real estate, and renewable energy. The theme of this year's report centres on the transformative changes spearheaded by the Group, impacting both business functions and the sectors in which we operate, guided by the principles of creativity and value-centricity. Placing the customer at the core of our operations, we prioritised efficiency and agility to navigate the challenging market landscape. We have also updated our brand portfolio to highlight our diverse stable of well-established and newly launched brands in 2023. Click here to VIEW the Annual Report. Click here to DOWNLOAD the Annual Report.
Read MoreIntroducing AX ODYCY Hotel
A few months have passed since the much-awaited reopening of AX ODYCY, formerly known as Seashells at Suncrest, and it has been nothing short of a remarkable journey. During this time, the resort has enjoyed a successful summer season. Guests from near and far have had the privilege of immersing themselves in everything our reimagined hotel has to offer. With completely refurbished rooms and interior spaces, including the reconstruction of the lido, as well as a new range of amenities and dining choices, the transformation continues to garner positive feedback. With hotel operations now running smoothly, we believe this is the perfect opportunity to acquaint you with the essence of AX ODYCY and its promise of being one destination with endless possibilities. Navigating challenges and celebrating successes From the outset, the vision for the AX ODYCY was was characterized by its bold and extensive approach.. It was conceived not only as a revitalisation of the former Suncrest hotel but also as a catalyst for us to transform Qawra into a modern tourism destination. Construction commenced in late 2021 and reached successful completion in the spring of 2023. Despite the demanding 18-month timeline and the inherent complexities of the project, including structural reinforcements for the hotel extension, all the teams within the AX Group rallied together to uphold our promise to deliver. We achieved our goal of opening in time to capitalise on Malta’s peak tourism season. This comprehensive development and full-scale refurbishment involved the addition of four new floors to the existing structure, expanding our guestroom count to over 600. These accommodations cater to a wide spectrum of preferences, ranging from economical options to luxurious suites, with either inland view or panoramic sea views. In addition to the construction complexities, we faced several operational challenges in order to recruit and train our staff within a tight timeframe to ensure seamless operations upon opening. Thanks to successful recruitment initiatives, we managed to bring onboard the right talent. Warm, professional hospitality values are synonymous with AX Hotels, and we are committed to upholding them at AX ODYCY. Progress update on the lido Progress continues on our brand-new lido, located along the Qawra coast. The lido is set to feature an assortment of outdoor dining options, a waterpark, and a safe kid's paddle pool, ensuring endless fun for all ages. This endeavor also presented numerous challenges, due to the distinctive shapes and intricate seawall posing unique construction hurdles. Nevertheless, we have now reached an advanced stage of completion. As we push forward, we've set our sights on an anticipated opening date in Q2 2024, promising an exciting addition to AX ODYCY. The ODYCY design narrative The design and attention to detail at AX ODYCY have left an impression on all who have walked through its doors. From the beginning, we were set on not just achieving a modern aesthetic but also crafting a cohesive design narrative that would take guests on a journey throughout their stay with us. The design concept for ODYCY draws inspiration from cruise liners and airports. We've brought this concept to life by creating distinct “nooks” within our communal spaces, each with its own unique character and a varied sense of space. While these spaces each possess their individual charm, they collectively contribute to the overall experience at ODYCY. The core of our design philosophy is to spark guests' sense of exploration and discovery as they wander through the property. Introducing our new F&B brands Inside AX ODYCY, a collection of unique dining experiences awaits, each offering a diverse range of culinary delights and atmospheres. Allow us to introduce you to these latest additions to the AX Hotels family: • Espresso: Set in the hotel's lobby, Espresso, grab and go outlet is the perfect spot for families and friends to unwind. It offers specialty coffee, healthy juices, and balanced snacks. • Sidestreet: This casual bar serves premium drinks, cocktails, and classic spirits in a welcoming atmosphere, making it ideal for a pause before island adventures or a relaxing evening with friends and family. • Medusa Sky Bar: Set on the 10th floor of the hotel, this fashionable sky bar offers stunning panoramic views, expertly crafted drinks, and delectable bites. This adults-only space draws inspiration from magic and myth, creating an immersive atmosphere. • Deck & Keel: These two contrasting contemporary buffet restaurants promise an array of dishes for breakfast, lunch, and dinner. Deck, located on the right side of the lobby, boasts a bright and colourful backdrop, while the lower-ground floor Keel exudes a wine cellar-inspired ambiance with dark walls, timber beams, and striking floor patterns. • Minoa: Located on the 11th floor, Minoa is a rooftop restaurant that offers 360-degree panoramic views of the Qawra coast. The menu celebrates the diverse cuisines of the Mediterranean, from North Africa to Southern Europe and the Middle East, delivering a medley of tastes and flavours. • Cheeky Monkey Creperie: Coming soon, Cheeky Monkey Creperie is the go-to stop for snacks and confections, offering delicious sweet and savoury crêpes, fluffy homemade waffles, and a variety of ice creams. • Trattoria Riccardo: A traditional trattoria with a modern twist, Riccardo specialises in authentic Italian food. Its wood-burning oven infuses dishes with rustic charm. The restaurant also includes a spacious children's play area ensuring a family-friendly atmosphere. As a valued AX investor, you have the privilege of enjoying exclusive discounts on stays and reservations at all our new bars and restaurants at AX ODYCY. Just present your loyalty card to unlock your exclusive rates. We appreciate your continued support on this journey, and we look forward to welcoming you to AX ODYCY in the near future. [gallery size="portfolio" ids="3272,3269,3270,3268,3271,3267"]
Read MoreVERDALA TERRACES – EXCLUSIVE RESIDENTIAL OPPORTUNITY
AX Group is proud to unveil an extraordinary residential opportunity with the launch of the much-anticipated ‘Verdala Terraces’, offering access to a world of upscale amenities and privileged front row seats to some of the most breathtaking scenery in all of Malta’s open countryside. With an exclusive collection of 87 luxurious residences, this prestigious residential complex presents a serene and elevated living environment nestled on the coveted ‘tal-Virtu’ ridge in Rabat, with Mdina just a short distance away. With a range of options to suit diverse preferences, the residences at the ‘Verdala Terraces’ offer a variety of contemporary living arrangements. From 1 to 4 bedroom residences, panoramic mansions, duplexes (some of which feature private pools), to penthouses, the choice is abundant across the Royal Mansions and the Grand Mansions, set either side of the new 5-star hotel and an extensive wellness spa. The selection of sizes, layouts, and orientations further enhances the appeal, allowing residents to find the perfect fit for their lifestyle and preferences. The residences are ideal for individuals who appreciate the finer things in life as much as they do nature, community, and a sense of belonging to a neighbourhood alive with restaurants, cafés, boutique shops, and iconic cultural and historical landmarks. Construction of both the Royal and Grand Mansions is now complete and prospective buyers have the option of acquiring homes with a selection of exquisite finishes, ensuring a truly lavish living experience reflecting their unique preferences. Great care has been taken to ensure the ‘Verdala Terraces’ remains in step with the heritage of Rabat and Mdina. To this end, the exterior of the development has been purposefully designed to complement the surrounding townscape and rural countryside. The destination also seeks to welcome the wider community through the introduction of newly opened public piazzas and landscaped gardens, making Verdala a communal destination intended to be enjoyed by everyone. Angelo Xuereb, Chairman of AX Group said: ‘’Through the Verdala, we have sought to introduce even greater levels of innovation and creativity in terms of structural design, building materials, and aesthetic beauty. Not only will each residence within the Verdala Terraces provide prospective clients with extraordinarily high-quality finishes but we have taken great care to create external common open spaces ensuring a welcoming environment.” Through its Special Designated Area (SDA) status both EU and non-EU nationals looking to purchase a luxurious property in Malta are able to acquire properties at the ‘Verdala Terraces’ with the same acquisition rights as Maltese citizens. With a range of premium doors, tiles, and bathroom fixtures to choose from, residents can make their homes truly their own, ensuring that every aspect of their living space reflects their distinctive preferences. High-quality glazed aperture doors and windows enhance the sense of open living spaces within the residences whilst design measures have been taken to mitigate sound transmission, inclusive of insulated walls, floors and ceilings between residences. All bathrooms are equipped with underfloor heating for added comfort. The completion of a show apartment within the Royal Mansions at the ‘Verdala Terraces’ now allows existing clients and prospective buyers to gain a firsthand experience and better appreciation of what life at the Verdala Terraces will be like. The apartment showcases a selection of finishing materials for the added convenience of clients in making their preferred choices of materials and styles. Furthermore, a range of high-end amenities is available for residents to indulge in, enhancing their everyday living experience. These amenities include an outdoor stand-out infinity pool that offers stunning panoramic views and serves as a serene spot for relaxation, as well as beautifully landscaped gardens, 24-hrs security, a dedicated concierge, secure storage options, car spaces and garages. Daily needs retail outlets, and exceptional services at every turn ensure convenience and luxury. Denise Xuereb, Director of Construction and Development, said: “At AX Group we remain committed to developing projects of exceptional quality that truly add value to our clients and our communities. The Verdala destination presented us with an opportunity to crystalise all our years of experience developing leading hotels and properties of note in Malta.’’ Representing the worlds of development, architecture, and real estate, and rooted in a deep affection to this respected neighbourhood, this stunning development is spearheaded by AX Group alongside C&K architects who have brought their vision and expertise to the development. For over four decades, AX Group has built a sterling reputation for its commitment to exacting standards and meticulous attention to detail in delivering projects of exceptional quality across Malta. The Group’s diverse portfolio, which includes award-winning hotels, luxury residences, the Hilltop Gardens retirement village and various other landmark developments, speaks for itself. AX Group has also contributed to several national projects of great significance, including the frame structure of the Parliament building and the rehabilitation of the Valletta Waterfront, both landmark buildings have been lauded for their high-quality execution. Interested buyers are invited to call or email the Verdala Sales Teams on +356 7974 7428/9, or on [email protected]. Detailed information including specification sheets and floor plans can be easily downloaded from the new interactive website which gives users a comprehensive and thorough understanding of the residences available for purchase.
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