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Valletta Market Concession Sold to Tum Invest Group

Less than a decade after its high-profile restoration and reopening as a contemporary food court in the heart of Malta’s capital, Valletta, the public concession for the iconic Valletta Market—popularly known as is-Suq tal-Belt—is set to be transferred to a new operator. According to sources familiar with the matter, Tum Invest Group, a private business group led by entrepreneur Ninu Fenech and his family, is poised to take over the concession through a preliminary agreement with the current holders, Arkadia Marketing Ltd, a subsidiary of the Mizzi Organisation....

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