ARTICLES LABELLED WITH TAG Cyprus

News Cypriot court strikes down on CPIPG in ongoing dispute
03
May
2023

Cypriot court strikes down on CPIPG in ongoing dispute

by Property Forum
As a result of a legal dispute between real estate tycoon Radovan Vítek's CPI Property Group and businessmen Marek Čmejla and Jiří Diviš, a Cypriot court has reportedly ordered banks to freeze CPI Property Group's assets worth almost CZK 13 billion (€553 million), according to the German economic newspaper Handelsblatt, cited by the Czech daily Hn.cz. CPIPG, however, denies the German newspaper's information, saying that the interim measure is not in force and that no accounts have been seized or assets were frozen.
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News Cyprus-based developer to invest up to €100 million in Bulgaria
17
Jun
2020

Cyprus-based developer to invest up to €100 million in Bulgaria

by Property Forum
Cyprus-based real estate developer Everty Group intends to invest up to €100 million in Bulgaria during the next four years. The announcement follows the group's first major investment in Bulgaria, the acquisition of the 40,000 sqm Perform Business Centre in central Sofia back in 2019.
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Latest news


New leases

  • International sportswear brand Nike has chosen the Bonarka Shopping Centre in Kraków for the first location of its shop in the Nike Rise model. The retail space of the two-storey store is 1,000 sqm.
  • Poland's largest Monnari store has opened in the Serenada Centre in Krakow. The shop has an area of 605 sqm. Monnari is a Polish clothing brand. It has more than 200 stationary stores throughout Poland, as well as an online shop.
  • A McDonald's restaurant is joining the tenants of Nowa Sukcesja retail centre in Łódź. The 140 sqm restaurant will be located in the catering area, on the first floor.

New appointments

  • GTC Group appoints two people to head up its shopping centres in Poland Anna Borecka will take over as director of Galeria Jurajska in Kraków. Meanwhile, Marek Ciszewski will take the helm at Galeria Północna in Warsaw.
  • Anna Bartoszewicz-Wnuk joins the Velis Real Estate Tech team as Head of Central & Eastern Europe and will be responsible for the company's development in the CEE markets.
  • DVM group, an integrated architectural and construction services provider is restructuring its design department. Ákos Csécsei has been appointed to head the architectural design department and Tímea Fekete-Tóth to lead the interior design department. The managers have grown with the company, with multiple projects to their name.

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