Tag Archives | Mediterranean Investments Holding

MIH Lowers Value of Palm City

Mediterranean Investments Holding (MIH) has lowered the value of its Palm City development in Libya by nearly 20 percent. In a statement on the Malta Stock Exchange, the directors made reference to an appraisal report submitted by PricewaterhouseCoopers for 2013, which valued the Palm City property at €315 million, against a reported value of €310 […]

MIH Considers Fundraising for Libya Projects

Bloomberg reports that Malta-based developer Mediterranean Investments Holding is considering a 100 million-euro ($132 million) share sale in London to fund home-building in Libya. The company, set up in 2006 as a joint venture between the Corinthia Group of Malta and the National Real Estate Company of Kuwait, has purchased land in the northwestern town of […]

Maltese firm to resume massive Tripoli project

Malta-based Mediterranean Investments Holding has restarted its preparatory work on the €300m Medina Tower in Tripoli. The work was brought to an abrupt halt by the uprising in Libya, but the company has now reconvened the project team to get the project going again. "The directors are of the opinion that the opportunity for the […]