Malita Investments plc – Land Acquisition

January 3, 2018
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

The Company refers to its previous announcement Reference Number 60/2017 and announces that earlier today it has executed an emphyteutical deed with the Housing Authority in relation to sixteen (16) property sites in a number of locations across Malta which shall be used by the Company for the purposes of developing a number of residential units for affordable housing purposes. The emphyteutical concession is for a period of 28 years commencing from today. 

 

To view the official announcement, click here.