Friday 22 September 2017

20170702 - Ricasoli Projects announces top appointments - FT4P1289

Ricasoli Properties announces top appointments

Mr Benjamin Muscat and Mr Steve Carter (pictured above) are respectively the Chairman and Managing Director of Ricasoli Properties Limited. The company is developing and promoting The Shoreline, the new landmark project set to be developed at SmartCity Malta.

With a long career in finance and management positions at senior executive levels, Mr Muscat’s professional experience spans various industry sectors. He has been involved in several initiatives aimed at raising project specific funding via banking facilities, third party investment, private placements, and issue of equity and debt instruments through retail offers subsequently listed on the Malta Stock Exchange. Mr Muscat was the Chief Executive Officer with MIDI plc for twelve years during which time he was a senior member of the development team in charge of the design and roll out of several phases within the mixed use development at Tigne’ Point. Today Mr Muscat works as a consultant and sits on a number of boards and committees of local and foreign business entities.

Mr Steve Carter, who graduated in management is a businessman with a career in real estate projects in Malta and in Italy. Mr Carter also worked in various industry sectors and sits on boards of companies operating in the fields of IT, Investments, Aviation, Marine, Hospitality, Education and the Health Sector.

The Shoreline is a €200 million project offering 400 plus modern apartments with an interesting mix of sizes and view orientations, all with extensive terraces, built on top of a two floor 30-outlet shopping mall, with ample space for underground parking.

With most its residences enjoying spectacular views, beautifully landscaped open spaces, and an assortment of community amenities, The Shoreline will further enhance the area of SmartCity as it will add an important and essential residential component to the current office and catering developments and a number of exciting projects that have already been announced.

 

  • Paul Cassar

    I know both Ben and Steve. Both are very trustworthy gentleman and have worked on similar large projects in the past that turned out to be a huge success. I am sure they will make another success out of the Shoreline.

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