Tag: long-term lease Malta


Curia secures long term income from Apap Institute lease

The long-term lease of the former Apap Institute in Santa Venera has drawn considerable attention within Malta’s ecclesiastical, social care, and property sectors. The agreement, signed by the Archbishop’s Curia and a Maltese company ultimately owned by Hani Ahmad Zaki Yamani, has set the stage for a substantial commercial redevelopment of the historic retirement home site. While the transaction is expected to produce significant rental revenue for the Curia, its process and timing have raised questions among some observers and parts of the Church community....

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