Construction Update 14

As reported in our last Construction Update, the first stage of construction at Tiara Tedju, Coladera and Tiara Cor di Mar– ground works and land modulating – is now finished. However, due to the complexity of the next stage, a new construction company will be contracted, and this process is temporarily postponing launch of the second phase of construction at Ponta Bicuda. We will, of course, let you know which company will be attributed with phase II of construction, the new launch date and all updates pertaining to Ponta Bicuda so remember to keep checking back with us right here.