Malita Investments plc - Land Acquisition

On 29 December 2017, Malta Investments plc announced that further to the previous announcement dated 18 December 2017, it has now executed the emphyteutical deed with the Housing Authority in relation to sixteen 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 29 December 2017.