ARTICLES LABELLED WITH TAG Cyprus

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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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

LEGO Group has announced plans to open its eighth store in Poland in the summer of 2025. The new store will be located in Kraków’s Bonarka Shopping Centre. Its size has not been specified yet.
The Sinsay brand is relocating and expanding its showroom in the Centrum Serenada in Kraków. The new premises with area of over 805 sqm will open on 29 January 2025.
Losan Depot, a distributor of materials for the furniture and interior design industry, has leased 3,500 sqm in CTPark Bucharest North. The relocation process was advised by Simon, Iuga & Partners.

New appointments

Małgorzata Głowicka has joined Ceres as Chief Financial Officer responsible for Central and Eastern European markets. The company provides services in the areas of property management, project commercialisation, construction, redevelopment, modernisation and repositioning of properties.
Karol Klin joined the Cornerstone Investment Management team at the beginning of 2025, taking on the role of Commercial Director, Real Estate.
Sebastian Barandziak has been appointed as the new President of the Management Board of Euro Styl, a subsidiary of Dom Development Group. The existing board members, Magdalena Reńska and Jarosław Górski, have been appointed as vice presidents.

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