Construction entrepreneur Joseph Portelli is set to formally exit CF Estates Ltd following the conclusion of a shareholder agreement that will see his 30 percent stake in the company cancelled in exchange for compensation valued at approximately €6.65 million. The transaction represents a significant ownership restructuring within the property development company and marks the end of Portelli’s direct involvement as a shareholder....
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NEWS Malta
December 5, 2025
Gozitan developer Joseph Portelli Xlendi tower approval
The Planning Authority has formally approved a redevelopment proposal submitted by Gozitan developer Joseph Portelli, authorising a substantial transformation of the former hotel site in Xlendi. The decision follows a...















