Case studies / St Julians
GreatIdee AG’s furnished headquarters in St Julian’s
Editorial series date · Historical transaction
GreatIdee AG signed for a furnished 250 m² office on 22 June 2026 after agreeing repainting and maintenance.

What did the client need?
The Swiss company needed a furnished base for 14–20 staff, four or five private rooms and a budget of up to €4,000 per month.
How did the search work?
More than 30 options and two mornings of viewings helped refine the brief. The shortlisted office offered natural light, two lifts and a backup generator.
The office search in detail
When a regulated international company needs to establish a European headquarters, the office search is not just a property decision. It is a regulatory statement, a hiring signal, and a operational foundation — all at once. The space needs to be right from day one.
This case study follows GreatIdee AG — the Swiss company operating the Wickie crypto exchange — through a seven-week search for a furnished office in St Julian's Malta . Over 30 options were evaluated. Two full viewing days were structured. One space stood out. And on 22 June 2026, the lease was signed via DocuSign.
Who Is GreatIdee AG and Why Did They Choose Malta?
GreatIdee AG is a Swiss-registered company (Zug, Switzerland) operating the Wickie crypto exchange and digital asset platform . The company is a member of the Swiss Self-Regulatory Organisation SO-FIT, holds an SRO licence, and is subject to the Swiss Anti-Money Laundering Act. The technological development and operation of the Wickie app is handled by GreatIdea UAB, registered in Vilnius, Lithuania.
The Malta entity was registered with the Malta Business Registry on 24 January 2025. Having secured their Maltese licence in 2026, the company established Malta as the base for their European headquarters — the third strategic location in a journey that began with an idea in 2022, a platform launch in February 2024, Vilnius, Zug, and now Malta.
Malta was the logical choice. EU membership, English as an official language, an established regulatory framework for digital asset businesses, a growing fintech ecosystem, and competitive operational costs all contributed. St Julian's specifically provided the combination of professional address, international business community, and staff amenity access that a growing regulated exchange needs to attract and retain talent.
The Public Announcement — European HQ Officially Open
In August 2026, GreatIdee AG published their Malta HQ launch on LinkedIn — marking the culmination of a journey from Swiss incorporation to European operational headquarters.
"A new chapter for Wickie — our European HQ is officially open in Malta! From an idea sparked in 2022, to launching the exchange in February 2024, to building our home base in Vilnius, growing our presence with our office in Zug, Switzerland — and now, opening the doors to our new European Headquarters in Malta. This Monday, we celebrated with an incredible afternoon at our new office, surrounded by the team and partners who've helped make Wickie what it is today, followed by a beautiful dinner to close out a truly special day."
The office that hosted that launch celebration was found, negotiated, and secured by officespace.rent — through a seven-week process that began with a phone call on 4 May 2026.
How Was the Search for a Furnished Office in St Julian's Malta Structured?
The brief was complex from the start. A team of 14 to 20 people. A regulated financial services business requiring private rooms for compliance, executive, and meeting functions. A preference for furnished space to minimise setup time before operations began. A budget of up to €4,000 per month. And a location preference for central, accessible Malta — though not yet specified to a single district.
The first email after the introductory call contained two structured shortlists: one covering Sliema and St Julian's, one covering harbour-belt and central localities including Mriehel, Floriana, Marsa, and Swatar. Over 25 options were included, each with a contextual note on size, layout potential, parking, and timing.
The search moved through three distinct phases before the right space emerged.
What Did the Two Viewing Days Cover?
The viewing schedule was structured as back-to-back mornings — outside peak traffic hours, with the agent driving between properties to maximise efficiency and enable direct comparison. This approach — visiting six to eight spaces across two mornings — is the most effective way to calibrate a complex brief against what is actually available in the market.
The decision fell quickly after the Thursday morning. The modern furnished offices in St Julian's emerged as the clear favourite — primarily because they were already furnished, offered the right room configuration, had natural light throughout, and could accommodate the team's full headcount comfortably.
What Did the St Julian's Furnished Office Offer?
The 250 sqm St Julian's office on Level 2 of a distinguished commercial block offered everything GreatIdee AG needed for an operational regulated-firm headquarters — and delivered it already fitted out and ready to occupy.
For a regulated exchange like Wickie, the backup generator was particularly significant. Operational continuity is not a convenience — it is a compliance requirement. A financial services firm cannot afford IT infrastructure failures during trading hours. This feature, combined with the furnished fit-out and natural light throughout, made the St Julian's office a materially different proposition from every other space viewed.
How Were the Sitting Tenants and Negotiation Managed?
The preferred office had one complication: sitting tenants were still in occupation. The existing tenants had not yet vacated the space at the time of the viewing. This is not unusual in Malta's office market — and it is not necessarily an obstacle.
Two parallel negotiations were required. First, with the outgoing tenants — to confirm their willingness and timeline for an early vacation of the premises. Second, with the landlord — to agree a commencement date of 1 August that reflected the handover timeline, and to negotiate the monthly rent accordingly.
The landlord agreed to complete repainting, cleaning, and general maintenance works prior to the 1 August handover. These obligations were agreed as part of the deal before the lease was drafted — ensuring GreatIdee AG would move into a freshened, well-presented space rather than inheriting the outgoing tenants' wear and markings.
The draft lease was shared on 16 June. Feedback and modifications were submitted by the client on 19 June. The final version was signed via DocuSign on 22 June 2026 — six days from first draft to executed agreement.
What Were the Key Outcomes?
► 250 sqm furnished office in St Julian's Malta secured — European HQ of GreatIdee AG / Wickie
► Fully furnished, backup generator, two lifts, natural light — operational from day one
► 30+ options evaluated — brief refined across three rounds to isolate the right fit
► Two structured viewing mornings — back-to-back, agent-driven, across Sliema, St Julian's and Gzira
► Sitting tenants managed — early vacation agreed, rent negotiated to reflect 1 August commencement
► Repainting, cleaning, and maintenance agreed as landlord obligations prior to handover
► Draft to signed lease: 6 days — DocuSign execution on 22 June 2026
► European HQ officially launched August 2026 — publicly announced on LinkedIn
What Can Regulated International Firms Learn About Finding Office Space in Malta?
► A broad first shortlist accelerates a complex brief. Sharing 25+ options in a structured, contextualised format gave the client a complete market view immediately. The brief was refined through their selections — not through back-and-forth guesswork. Three rounds of narrowing produced a precise, actionable shortlist in under five weeks.
► Two viewing mornings is the right format for a complex search. Back-to-back viewings across two structured mornings — client collected from hotel, agent driving between properties — produced a calibrated, comparative assessment that no amount of photographs or descriptions could replicate. The decision followed quickly.
► Furnished offices are almost always the right choice for a regulated firm's first Malta office. The time saved on fit-out, procurement, and installation is directly converted into faster operational launch — and faster regulatory compliance readiness. GreatIdee AG moved into a ready-to-operate space rather than a shell awaiting furniture delivery.
► Sitting tenants are a negotiating opportunity, not a dealbreaker. The preferred space was occupied. Rather than walking away, the situation was managed — outgoing tenants confirmed early vacation, rent was negotiated to reflect the 1 August commencement, and pre-handover works were agreed. The result was a better deal than an immediately vacant equivalent would have produced.
► DocuSign removes the final geography barrier. A lease signed via DocuSign by a Swiss-registered company for a Malta office — with modifications reviewed and incorporated in six days — is a completely standard, legally valid execution method. International firms should not assume they need to be physically present to sign.
Project outcome
GreatIdee AG signed for a furnished 250 m² office on 22 June 2026 after agreeing repainting and maintenance.
What can other tenants take from this?
Check room layout and handover works alongside furnishing and headline rent.
Historical terms reflect this transaction. Read the original case study.