Midi plc bondholders were invited to an event with a difference last week – an evening tour of the key landmarks at Tigné Point. Measuring some 30 acres, Tigné Point forms part of the €450

million Midi project – the largest mixed-use development in the country.

From the white streamlined structure of the Belvedere Bridge, hundreds of Midi’s bondholders and their guests took in the impressive view of the restored Fort Manoel and the baroque buildings across the water in Valletta.

Guided by Midi hosts, guests proceeded along the landscaped walkway that delineates the south littoral of the Tigné peninsula towards the clubhouse – an area already sought after by food lovers attracted to the culinary delights offered by Salini and The Chophouse.

The next stop was Fort Tigné. The iconic Sliema fort was the last one to be built by the Knights of St John and is currently undergoing extensive restoration to become a centre for cultural and commercial activity. Guests then walked back to Sliema’s largest open square – the 2,500sq.m. Pjazza Tigné.

After a quick stroll around the vibrant and stylish shopping mall The Point, bondholders viewed the plans for the north side of the peninsula, for which an additional series of luxury apartments, a

second public piazza and a business centre are planned.

Midi chairman Albert Mizzi thanked bondholders for attending the event and for the keen interest shown in the different parts of the development.

“We owe it to our bondholders to keep them updated with what we have achieved so far and what is in store for the future,” he said. “The Midi development of Tigné Point has already established itself as a living, leisure and shopping destination in what is undoubtedly one of Malta’s prime sites. We are satisfied that our vision for this unique destination has become a reality, and a

successful one at that. We are happy that we can share the

success of this ambitious project with our bondholders, who shared our belief and whose investment has helped drive the project to new levels of achievement.”