The Company

MIDI plc

MIDI plc was set up in 1992 in response to an international call by the Government of Malta for the redevelopment of Tigné and Manoel Island.

The origins of the Company can be traced back to a consortium formed in 1992 for the purpose of submitting a proposal in response to the request for submissions made by the Government of Malta on the basis of the Development Brief for Manoel Island and Tigné Point. Pursuant to a resolution passed in June 1999, the Company was converted into a public limited liability company, with a new Memorandum and Articles of Association under the name MIDI plc.

By virtue of a public deed in the records of Notary Vincent Miceli of the 15th  June 2000, the Company acquired the Emphyteutical Land at Tigné Point and Manoel Island from the Government of Malta by title of temporary emphyteusis for a period of ninety-nine (99) years which commenced in June 2000. Under the same Emphyteutical Deed, the Company also acquired from the Malta Maritime Authority, for a period of ninety-nine (99) years, the right to develop and operate a yacht marina on a defined area facing the south shore of Manoel Island in Ta’ Xbiex Creek, limits of Gzira.

The shareholding of the Company reflects the needs of a Project of this scale, and includes a number of Malta’s leading business enterprises and institutions.

For further information on MIDI plc please visit the corporate website.

The Tigné Point Project

The development operations at Tigné Point commenced in late 2000 following the signing of the Emphyteutical Deed between MIDI plc and the Government of Malta.

To date 349 residential units at Tigné Point have been sold to a selection of both local and international buyers. The residential component comprises just 55% of the total area of the complex which is almost all fully pedestrianised and offers residents the option of private parking directly under their respective apartment blocks, with ample more to be found under the central Pjazza Tigné. The piazza is a favourite haunt for both families and tourists, all drawn by the numerous cafés, restaurants, shops and a safe car-free environment.

Tigné Point also offers an attractive radial walkway along the foreshore which will connect both sides of the peninsula once works are completed on the North Phase of the project, where a second open space is also planned.

The development also offers leisure activities, retail outlets, cafés and restaurants. One of the most salient aspects of this project is the fact that all traffic has been routed underground, providing a 30 acre car-free zone at ground level. The development also provides extensive open public spaces, a series of foreshore walkways and a second open space planned for the Tigné North phase.

At Tigné Point one will find some of the most sought after homes on the island. The recent successful release of the first phase of the Q2 waterfront residential block has reaffirmed the strong demand that exists in the market for high-end real estate offerings. The Q2 block is situated directly at the water’s edge and boasts a varied mix of apartment layouts and sizes. Whether it is a one bedroom seafront pied-á-terre, a two bedroom home with a 15m waterfront frontage or lavish corner three or four bedroom residences, Q2 offers the luxury of choice to the most discerning of home owners.

All residential blocks in the development benefit from on-site estate management services, fire detection systems and swipe card access control. Other benefits include a stunning residential waterfront pool, fitness facilities and The Point, the largest retail mall on the island.

Another key component of the mixed-use development is the flagship office block The Centre. The building encompasses over 15,000 sqm of open plan work space, offering the latest in technology infrastructure and design. The unique location on the north side of the development allows for unobstructed views of the open sea and Pjazza Tigné.

Restoration & Rehabilitation

Strong emphasis has also been put on the restoration of the important historic sites within the development area including Fort Tigné, St Luke’s Garrison Chapel, the Garden Battery and the Clock Tower blocks. These have now been restored to complement the contemporary architecture that characterises the site.

For further information on the historical sites at Tigné Point visit the History page.