Hili Properties owns and manages strategic commercial real estate for lease in several European countries, including Estonia, Latvia, Lithuania, Malta and Romania. Its portfolio comprises dedicated business blocks and office space, grocery-anchored shopping centres, healthcare facilities, and property housing McDonald’s restaurants in key commercial districts. The current portfolio value exceeds €236 million.
A clear vision to enhance portfolio value guides Hili Properties’ endeavours to identify opportunities in key cities in Europe’s most exciting markets. With extensive experience in property management, development and repositioning, and a deep understanding of its target locations, every asset in Hili Properties’ portfolio is managed to realise its full potential to benefit a whole spectrum of stakeholders.
Our mission is to identify and recognise possibilities in real estate with a view to renovation or redevelopment to exceptional standards. We partner trusted professionals and specialists who act decisively and ethically to deliver outcomes that become highly desirable business addresses.
Pier Luca Demajo was appointed Chairman and Non-Exective Director of Hili Properties plc in September 2020. He holds years of commercial experience and insight and, throughout his career, has created and managed several companies operating in diverse sectors in Malta, including technology, manufacturing, tourism, distribution, contracting and financial services. Mr Demajo served as Chief Executive Officer of the M. Demajo Group from 2008 to 2019 and is now a Group Director. Mr Demajo joined the board of iSpot Holdings, a subsidiary of 1923 Investments plc, in November 2019 as Non-Executive Director. He is also the Honorary Consul of Canada.
George Kakouras joined Hili Properties plc as Managing Director in August 2020. He also serves as Managing Director of Apco Systems Ltd, a subsidiary of Harvest Technology plc, a Hili Ventures technology company. Mr Kakouras is also a member of the board of Harvest Technology. Earlier in his career, he gained extensive international management and leadership experience at Intralot group and Maltco Lotteries, where he was Chief Operating Officer and a member of the board. Mr Kakouras holds a BSc and an MEng in Electrical and Computer Engineering and an MBA in Engineering Economics Systems from the National Technical University of Athens.
David Aquilina has extensive experience in property and construction. He is an executive director at Belair Property, a Maltese real estate agency, and holds directorships at various construction companies involved in the development of a range of properties in Malta, including high-end capital projects. Mr. Aquilina is also a director of a franchise operation involving two fashion brands in Malta. He is a qualified accountant and previously worked with Deloitte Malta.
Laragh Cassar obtained a degree in Law from the University of Malta in 2002 and a postgraduate Master’s in Banking and Finance from the University of London in 2003. She started her career with Camilleri Preziosi in 2003 and was admitted to partnership in 2010 and was responsible for the investment services department. Over the years, Dr Cassar has been actively involved in a large number of note and equity listings on the regulated market of the Malta Stock Exchange as well as assisting with the ongoing obligations of listed companies. In June 2015, she co-founded Camilleri Cassar Advocates, a commercial and civil law firm. Dr Cassar is responsible for the capital markets and investment services areas of practice of the firm.
Adrian Mercieca holds an MBA from the University of Derby and an Advanced Diploma in Strategic Management & Leadership from Pearson. He is a member of the Institute of Financial Services Practitioners. He joined Hili Ventures Ltd as Company Secretary in May 2022 and is also Company Secretary of its subsidiaries Premier Capital plc, 1923 Investments plc, Hili Finance Company plc, HV Hospitality Ltd and HV Marine Ltd. He ensures compliance with the statutory responsibilities and obligations of companies, directors and officers. He is responsible for delivering, improving and overseeing strong governance frameworks and assurance outcomes for the group. Mr Mercieca joined Hili Ventures from Fenlex where he was Director and Head of the Company Administration Department which handled all corporate, compliance and banking matters and serviced a portfolio of international clients. He has also acted as Director and Company Secretary for several Maltese registered companies.
George Kakouras joined Hili Properties plc as Managing Director in August 2020. He also serves as Managing Director of Apco Systems Ltd, a subsidiary of Harvest Technology plc, a Hili Ventures technology company. Mr Kakouras is also a member of the board of Hili Properties and Harvest Technology. Earlier in his career, he gained extensive international management and leadership experience at Intralot group and Maltco Lotteries, where he was Chief Operating Officer and a member of the board. Mr Kakouras holds a BSc and an MEng in Electrical and Computer Engineering and an MBA in Engineering Economics Systems from the National Technical University of Athens.
Daniela Pavia joined Hili Properties as Chief Financial Officer in February 2020, and is responsible for leading the company’s finance function and for ensuring a strong financial performance. She had joined Hili Ventures in May 2015 as Finance Manager Budgeting & Reporting and was promoted to Director of Finance in June 2016. She was previously Audit Manager at Deloitte Malta. Ms Pavia holds a BA (Hons) in Accountancy and a Diploma in Taxation from the University of Malta.