International Hotel Investments plc – Information to maintain a fair market

International Hotel Investments p.l.c. (IHI) announces that it has just concluded a five-year contract with a major European oil company to lease 1,222 square metres at its Commercial Centre in Tripoli, adjacent to the Corinthia Tripoli Hotel. 

The contract is worth just over €1 million annually. As a result of this contract, all the available office space in the Commercial Centre has been nearly fully leased out to international companies in the oil-related industry. 

Mr Alfred Pisani, IHI Chairman, stated that this milestone agreement reaffirms the confidence of IHI in the future of its investment in Libya.

To view the official company announcement, click here.