Midi's Tigne property sales revenue last year reaches nearly €32 million
Revenues from sale of residential property at Midi’s Tigné Point last year amounted to €31,971,000 with an operating profit of €4,384,000, the company said.
Revenues from the rental of commercial properties during the same period amounted to €5,078,000.
The information was given by Midi's chief financial officer Luke Coppini during the company's annual general meeting.
8 Comments
Post comment
Please sign in or create your Account to post comments.
Phillip Martin Micallef
Jul 7th 2012, 15:42
You're wrong about the 'title' of the land. ALL residents have to be informed by law AND there is a scheme in place to redeem the land into Perpetual and even Freehold. These people bring much needed investment into the country. Can't you people realise this basic fact. There's no need for jealously. You should be feeling pride, that these wealthy individuals have chosen Malta instead of another country. And their wealth helps our standard of living. It's a simple fact! And don't all jump on me because I work in Real Estate!
Jo Meli
Jul 7th 2012, 13:04
Do the Residents know about the TITLE of their Flat / Penthouse ???
Surely it is NOT perpetual ... it has an EXPIRY DATE, which at the end of the day ALL property at MIDI will revert BACK to the People of the Republic of Malta !!!
Enjoy your property till it lasts.
Charles Grixti
Jul 7th 2012, 03:39
Money into the hands of the few, to the detriment of the many.
john grima
Jul 6th 2012, 23:33
I can't understand how people want to leave in such concrete bunkers and yet pay hundreds of thousands of euros for it!?
OK, there's a sea view from some of the apartments, but other than that? Walking from the other side it's quite dark as the sun doesn't reach there almost all all. It's like a huge hotel, but there are so many better places in Malta to live. One could easily buy a house with the pool and garden for the price of the apartment in this overpriced complex.
Maria Vassallo
Jul 6th 2012, 22:26
Ighidu li m'hawnx flus la Malta, la fl-Ewropa u lanqas fid-dinja!
Afli misteru kbir!
Jalla l-gid!
R. Cilia
Jul 7th 2012, 07:47
Min qallek li m'hawnx flus.Il-ftit ghandhom hafna u l-hafna ghandhom ftit!
E. Mifsud
Jul 7th 2012, 10:58
@R. Cilia
Inti taf b'xi pajjiz fejn il-hafna ghandom hafna u l-ftit ghandom ftit? Dan mhux possibbli! Taghmel x'taghmel dejjem ikollok dawk li b'xi mod jew iehor jakkumulaw hafna gid. Saru rivoluzzjonijiet fejn is-sinjuri ttehdilhom kollox u l-fqar baqghu fqar jew ftaqru aktar! Madankollu jien ninsisti li l-gustizzja ssir meta min ghandu ihallas it-taxxi kif suppost u jaghti l-kontribut mehtieg ghas-socjeta. L-istat ghandu jara li dawk li ghandom ftit ikollom l-opportunita li jghixu hajja decenti u kemm jista' jkun itejbu l-pozizzjoni taghhom.
Pippo De Marco
Jul 6th 2012, 21:03
For this, Malta's politicians sold the nation's soul.
Please choose the reason of your report below: