Average Rental Office Price in Business Centres in St Julians, Sliema, and Gzira (2025 Guide)
As Malta’s economy continues to expand, St Julians, Sliema, and Gzira, while actively competing with Central area, specifically Mriehel, remain at the heart of the island’s commercial real estate demand. These prime business districts are especially popular among iGaming, payment, affiliate, tech startups, wealth management companies, and international companies due to their premium location, active life flow, and easy access to the seaside.
If you’re considering renting office space in one of Malta’s prestigious business centres—as opposed to standalone properties—here’s an Office Market’s updated overview of average rental rates and key trends in 2025.
Note: Prices may vary based on amenities, views, and floor level.
Average Rental Office Prices By Location
St Julians – Malta’s Commercial Powerhouse
Average Rent: €280–€350 per sqm/year
Top Business Centres: Portomaso Business Tower, Spinola Park, Dragonara Business Centre, St. Georges Business Centre, Pendergardens Business Centre
Business Profile: iGaming, blockchain, fintech, corporate service providers
St Julians offers high-end office space with premium sea views and ultra-modern facilities. While prices are on the higher end, the prestige and location remain relevant, mostly because of the premium networking opportunities.
Sliema – Seaside Business Centres
Average Rent: €250–€300 per sqm/year
Top Business Centres: Piazzetta Business Plaza,The Centre, at Tigne Point, Tagliaferro Business Centre,The Ferries Business Centre
Business Profile: iGaming, fintech, marketing, payment, architects, recruitment.
Sliema combines accessibility, high foot traffic, and upscale office environments, making it a magnet for both client-facing firms and remote-first setups. It is important to mention that Sliema has more traditional business centres, with lesser parking spaces, but often better views overlooking the capital city Valletta and Manoel island.
Gzira – Growing Business Location With Newly Built Business Centres
Average Rent: €230–€270 per sqm/year
Top Business Centres: 14 East Business Centre, Wembley Business Centre, ST Tower Business Centre, 33 Creekside Business Center
Business Profile: Startups, tech, scaling companies, igaming, affiliate, payment, insurance, wealth management companies.
Gzira has seen a surge in demand over the past 3 years, due to a vide range of newly built offices this location offers competitive pricing, great facilities, multiple parking spaces. This makes the area attractive for younger companies.
Market Trends in Rental Offices in East Malta (2025)
Demand Shifting from Standalone to Serviced Offices
Businesses are increasingly opting for managed office spaces in business centres, favouring flexible lease terms, shared amenities, and minimal move in hassle. This trend is especially strong among startups and remote-friendly teams.
Hybrid Work Support
To accommodate hybrid work models, many business centres now offer Serviced office Spaces such as Portomaso Business Centre with shared meeting rooms, video conferencing setups, and modular layouts that allow companies to scale space up or down as needed.
Rising Competition from Mriehel (Central Business District)
While St Julians, Sliema, and Gzira remain top choices for their prestige and location, they’re facing growing competition from Mriehel (CBD). With modern new buildings, ample parking, and easier access from most parts of Malta, Mriehel offers a cost-effective alternative—especially for companies less reliant on a coastal address.
Mriehel average rent: €180–€260 per sqm/year
Appeal: Larger Spaces, lower congestion, better parking availability
Connect with Office Market for personalised office rental advice and viewing appointments in Sliema, St Julians, and Gzira.