Group History


The late Piju Vassallo founded a partnership with his nephews Mikelang and Giuseppi Gatt initially clearing war debris from public buildings.


Partnership with Gatt Brothers ended and Piju Vassallo formed a new partnership.


Vassallo Builders Limited incorporated as a limited liability company. Nazzareno Vassallo appointed the first managing director.


Started operations in joinery and woodworks as a division of Vassallo Builders Ltd.


Responsible for the implementation of the Danish Village, Mellieha.


Built and started operations of the Bugibba Holiday Complex.


Extended the Bugibba Holiday Complex to 450 beds.


Formed a partnership with Winston V Zahra which became the Island Hotels Group Ltd.


Further extension of the Bugibba Holiday complex to 1,000 beds. N.O.V.I.T.A Construction Co Ltd established and Nazzareno Vassallo appointed as executive chairman. N.O.V.I.T.A. Construction Ltd entrusted with the construction of the New Air Terminal in Luqa.


Responsible for Major Restoration Works of St John’s Cathedral.


Build the Siege Bell Monument inaugurated by Queen Elizabeth II.


Built and started operating Casa Arkati; the first purposely built home for the Elderly. Ventured into education sector with the formation of Magister Academy in partnership with Paul Fenech.


Built the new Coastline Hotel – 366 beds, 4 star. Established Vassallo Joiners Limited as a subsidiary of Vassallo Builders Limited. Responsible for the construction of the Malta Freeport Terminal II entrusted to N.O.V.I.T.A’, Construction Co, Ltd. Signed the first ever Public Private Partnership agreement for the Management of The Zejtun Home for the Elderly.


Built the Radisson SAS Bay Point Hotel in St Julians and built Villa Messina, the second purposely built Home for the Elderly.


Signed an agreement for the Management of Bormla Home for the Elderly.


Completed the restoration of Mosta Dome. Started the construction of St Angelo Mansions after acquiring a shareholding in the Cottonera Waterfront Group Plc. Established Makeezi Limited – our first IT subsidiary.


Completed the Radisson Golden Sands Resorts and Spa and completed the Prince of Wales Residence in Sliema.


Completed Dar il- Madonna tal-Mellieha” another home for The Elderly. Formed partnership with Claret Holdings Ltd and acquired 50% of Westminster Properties Ltd, the company that purchased the land on which to build The George Hotel.


Completed the rehabilitation (Aerial Emission Works) of the Malta Land fill at Maghtab and the Gozo Landfill at Qortin. Sold 50% shareholding in Island Hotels Group. Acquired the ex-Lowenbrau Factory in Qormi to be transformed into a mixed used development named the Landmark.


Formed partnership with Forestals Ltd for a large scale development in Sliema – OneOne0 at The Strand. Completed Roseville another Home for the Elderly in Attard. Completed The George Hotel in Paceville, an urban Boutique Hotel. Formation of Catermax Ltd – joint venture with Corinthia Group of Companies for all outside catering.


Completion of Sant Antnin Waste Treatment Plant and acquired 20% shareholding of 6PM Ltd.


Reconstruction of St Elmo’s Bridge Opening of Tagliaferro Business Centre Opening of Emcare-a joint venture between CareMalta and 6PM Group Opening of LiveLife-a joint venture between CareMalta and St James Hospital Vassallo Group becomes a shareholder in 6PM Holdings PLC Vassallo Group becomes a shareholder in Malta Fairs and Convention Centre (MFCC)


Extension of Tagliaferro Business Centre 6PM headquarters inaugarated Refurbishment of Vassallo Builders offices


Opening of the Landmark business centre Extension of Casa Arkati Opening of the Cake Box Construction of the foot bridge connecting Mater Dei to the Oncology Hospital Launch of Powereezi


Opening of Casa San Paolo Opening of Vassallo Group Training and Development Centre Opening of CareMalta Academy


Completion of Sir Anthony Mamo Oncology Hospital
Completion of Life Sciences Park
Completion of the North Mechanical & Biological Waste Treatment Plant
Extension of Cake Box shop in Mosta


Refurbishment of LaBranda Riviera Hotel & Spa in Marfa, Phoenicia Hotel in Floriana and Villa Messina Elderly home in Rabat

Works on Quantum Place in Ta’ Xbiex completed



CareMalta celebrates its 25th Anniversary and launches I Care service values 


Set up Learning Works – education arm of the group

Works started on Campus Hub within the University of Malta


ZVART (Zaren Vassallo Art initiative) launched to promote investment in art within group property

Works at the Land’s End hotel in Sliema completed


1.3 Megawatt power plant inaugurated by Powerezi at Vassallo Business Park in Burmarrad, Park in advanced stage

CareMalta Group takes over a property in gozo to turn into a 60-bed facility

An agreement with St Aloysius College announced re partnership for the building of a sports school and the extension of facilities within the college’s sports complex


Natalie Briffa Farrugia appointed as Chairperson of Vassallo Group

Campus Hub welcomes first students

New Cake Box outlet opened at Campus Hub

James Sciriha appointed CEO of CareMalta Group

Land’s End Boutique Hotel opens its doors


CaterEssence take over UOM canteen – ‘Il-Kantin’

Santa Rosa opening, another home by HILA

Works commence at Dar San Guzepp Gozo

Our Subsidiaries

Vassallo Group Ltd
Vassallo Builders Ltd
Vassallo Concrete Services Ltd
CareMalta Group Ltd
CareMalta Ltd
CareMalta Mellieha Ltd

CareMalta Leasing Ltd
HILA Homes Ltd
Cateressence Ltd
Powerezi Ltd

San Martin Estates Ltd

Vassallo Business Park Ltd

Quantum Properties Ltd
Westminister Propoerties Ltd
Accomodation Property Investments Ltd
Cottonera Waterfront Group PLC