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ARTICLE · 11 JANUARY 2023

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Sustainability Preferences In Real Estate In Malta

The construction sector is a major contributor to the Maltese economy, contributing a Gross Value Added (GVA) of €588m in 2021, representing 4.5% of total GVA1 . Nevertheless, globally, building...

MaltaReal Estate and Construction

The construction sector is a major contributor to the Maltese economy, contributing a Gross Value Added (GVA) of €588m in 2021, representing 4.5% of total GVA1 . Nevertheless, globally, building operation and construction is responsible for 38% of all energy-related CO2 emissions2 , which is substantial in the context of the global climate crisis that is already underway. The sector also carries out processes that contribute towards air and noise pollution, generation of waste, and resource depletion.

KPMG in Malta conducted a nation-wide survey that sought insight on:

  • general sustainability awareness and preferences amongst Maltese consumers; and
  • the extent to which residents in the Maltese islands prioritise and value sustainability factors when purchasing or renting property.

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