Central Business Centres p.l.c. has been a cornerstone of Maltese
commercial real estate for over three decades, delivering exceptional
properties and unmatched client service.
Our Story
Central Business Centres p.l.c. (CBC) is a public limited liability company registered under the laws of Malta. Established as a property development company, we operate principally within the real-estate and property market, carrying out the business of a finance, investment, property development and property-owning company.
Our sister company, Cortis Group, has been a trusted name in Maltese. Building on this heritage of trust, quality, and reliability, CBC has grown to become one of Malta’s leading providers of commercial property solutions.
From our first centre in Zebbug to our newest expansion in Qormi, we have consistently delivered properties that meet the evolving needs of modern businesses. Whether you are a startup seeking your first office, an established enterprise looking to expand, or a logistics company needing warehouse space, CBC has a solution tailored for you.
8 +
Years of Heritage
Since the Cortis Group was founded in 1948.
8
Prime Locations
Across Malta’s most sought-after business.
50 +
Corporate Clients
From startups to multinational corporations.
What Drives Us
We are committed to delivering the highest standards in every property we develop, manage, and lease.
Honest, transparent dealings with every client, partner, and stakeholder form the foundation of our business.
We continuously seek modern solutions and sustainable practices to enhance our properties and services.
Understanding our clients’ unique needs and providing tailored solutions that help their businesses thrive.
Through The Years
1948
The Cortis Group was established by the Cortis family, beginning a legacy in Maltese construction and property development.
2005
The flagship CBC Zebbug Commercial Centre opened on Mdina Road, establishing the CBC brand as a leader in commercial property.
2011
Transition from residential to commercial property development, recognising the growing demand for office spaces in Malta.
2012
Strategic expansion near Malta International Airport with the CBC Gudja Business Centre, offering warehouse and office space.
2018
Premium properties acquired in Malta’s most prestigious business districts, elevating the CBC portfolio.
2025
Major expansion into Mriehel’s industrial hub, offering state-of-the-art offices and commercial spaces for growing enterprises.
2026
CBC has executed the final deed of purchase for the the commercial complex without official number and named “FXB Building” in Guze Duca Street, corner with Mdina Road, Qormi.
The People Behind CBC
Chairman
Joseph Cortis has been involved in the management of Cortis Group since 1988, holding the position of Chairman and Chief Executive Officer. In his role as Chief Executive Officer, Joseph Cortis was responsible for the strategy of Cortis Group and its growth. He has actively participated as a member of various committees and councils such as the Federation of Industry Council, the Malta Chamber of Commerce, Enterprise and Industry, and the Malta Institute of Management.
Non-Executive Director
Joseph M Formosa has had a 35 years carrier with the Bank of Valletta Plc where he held various positions in financial control ,asset and liability management, strategy, risk, marketing , mortgages and personal credit. He was Chairman of the bank’s Card Services company which was mainly responsible for the successful international programme called “Malta Welcomes Visa”. He also held the position of General Manager of Lohombus Bank Ltd (a joint venture between Mid-Med Bank Ltd and Bank of Valletta that specialized in home loans). When acquired by HSBC Plc, Joseph was responsible of restructuring.
Non-Executive Director
Mrs Ellul was the CEO of Playmobil Malta up until September 2012, and after her retirement from Playmobil Malta she set up her own consultancy company Advise Ltd. and is board member and chairperson of various local businesses. Mrs Helga Ellul has held various posts on boards of both constituted bodies and governmental organisations. She served as Deputy Chairman of the Employment+ Training Corp. between 1990 and 1996. She was President of the Foundation for Human Resource Development from 1995 till 2003. She was also a member of the Council of the Malta Federation of industry (FOI) and was at various times on board of Board of Malta Enterprise. She held the post of FOI Vice President for eight years and chaired various FOI committees and working groups. She was on board the Malta Shipyard and Ricasoli Tank Cleaning Ltd. She was Governor of MCAST from the very beginning till 2013 and also board member of Air Malta. Under the previous government she formed part of the Strategic Policy Unit of the Office of the Prime Minister.
Non-Executive Director
Dr Petramay Attard Cortis MD, DESA, MMEd (Dundee) is a third-generation family member of Cortis Group of Companies. Has been an active member of the Youth Family Council (YFC) since its inception in 2007. The YFC is involved with Succession Planning and the Group’s Corporate Social Responsibility Programme. Petramay has been the Chairperson of the YFC since 2017. Throughout the past fifteen years, was involved in various aspects of the business including marketing; sales; social media; event management; customer relations; and business strategy.
Non-Executive Director
Adriana Cutajar B.Com. (Hons)(Melit.), M.B.A. (ARU) is a third-generation family member of Cortis Group of Companies. Has been an active member of the Youth Family Council (YFC) for eight years, holding the YFC Chairperson role for two of these. Adriana held the position of marketing executive for the Cortis Group of Companies for two years.
Non-Executive Director
Crystielle Farrugia Cortis B.A (Hons), P.G.C.E is a third-generation family member of Cortis Group of Companies. Has been an active member within the company’s Youth Family Council since its foundation in 2007, where she has been contributing to policy making, succession planning, corporate social responsibility, marketing, environmental, social and governance aspects. In the past, she was involved in the sales department of various business sectors within Cortis Group.
