At an Extraordinary General Meeting, BMIT Technologies plc shareholders approved the acquisition of a 49 per cent stake in Malta Properties Company plc (MPC), with over 99 per cent voting in favour.

This investment marks a key step in BMIT’s strategy to broaden its technology and digital infrastructure business and secure stable, long-term growth. By acquiring a stake in MPC, BMIT will further diversify its revenue streams and strengthen its position in Malta’s digital infrastructure sector, through access to a portfolio of high profile and income-generating assets.

BMIT CEO Christian Sammut said: “The investment in MPC is a strategic leap forward. It aligns with our vision, enhances our financial profile, and positions BMIT for sustainable growth in a rapidly evolving digital landscape. This step reflects our ambition to build a future-ready business that is resilient and diversified, capable of delivering both leading IT solutions and critical infrastructure in support of Malta’s digital ecosystem.”

Following completion, BMIT will hold 49 per cent of MPC, gaining indirect ownership of a portfolio of assets, leased to blue-chip tenants under long-term contracts. The €25.3 million investment is designed to deliver immediate value and strengthen BMIT’s standing as Malta’s premier digital infrastructure provider.