Mediterranean Investments Holding plc - Palm City Residences Secures First Tenants

On 31 October Mediterranean Investments Holding plc (MIH) announced that the Palm City Residences, owned and developed by MIH, in Janzour (Libya) is on schedule and near completion. In fact 95% of the structural work on the 413-units is complete with most units currently receiving finishes.

Moreover the Company announced that it is concluding long-term contracts with international companies located in Libya. The first tenant to sign a 5 year agreement is Grupo SACYR, the construction arm of the Spanish property firm Grupo SyV.

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