https://knews.kathimerini.com.cy/en/news/cyprus-property-market-growing-in-number-and-value
The Cyprus property market is growing while getting pricier, as the number of properties rises by 1.5%, while their overall value increased by 2.2% based on January 2021 prices compared to 2018 data....
https://knews.kathimerini.com.cy/en/business/consulco-brought-together-london-and-limassol
An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...
https://knews.kathimerini.com.cy/en/business/ey-announces-4-new-partners-in-cyprus-and-welcomes-new-head-of-consulting
EY Cyprus Country Managing Partner, Ronald Attard, has welcomed the announcement of 4 new partners to the Cyprus practice....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-biggest-scam-in-higher-education-the-master-s-degree
It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....
https://knews.kathimerini.com.cy/en/news/a-new-hotel-opens-in-the-heart-of-old-nicosia
Interest in investing within the walls of Nicosia is growing. The purchase of property to be transformed into student dormitories and new apartments is being discussed both by local businessmen and in real estate circles. ...
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-q1-2022
KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for Q1 2022...
https://knews.kathimerini.com.cy/en/news/british-forces-saddened-by-hostile-response-towards-platinum-jubilee-concert
The British Forces Cyprus have expressed sorrow for the "hostile response of a very small minority towards our charity concert planned for 2 June, which had always been intended as an opportunity to celebrate the Platinum Jubilee with friends and to raise funds for some very worthy causes."...
https://knews.kathimerini.com.cy/en/news/spread-of-covid-baffles-locked-down-shanghai-residents
The cases underscore how difficult it is to stop the spread of the highly transmissible Omicron variant as China clings to its zero-COVID policy, perpetuating a cycle of lockdowns, as well as bafflement, anguish and anger....
https://knews.kathimerini.com.cy/en/news/boris-becker-faces-jail-term-for-failing-to-declare-his-millions
Three-time Wimbledon champion Boris Becker could be sent to jail today as he faces a sentence for flouting the terms of his 2017 bankruptcy....
https://knews.kathimerini.com.cy/en/business/the-msci-2021-results-are-in-consulco-outperforms-the-market
The MSCI results are now available, and Consulco’s London commercial real estate portfolio has outperformed the Greater London Retail property market in all time frames over 3, 5 & 10 years, achieving a 7.5% total return per annum since inception....
https://knews.kathimerini.com.cy/en/news/op-ed-inflation-welcomes-generation-z
Inflation is the rate at which prices rise, which means that we need more money to buy the same product or service. Consequently, if your salary stays the same, then your purchasing power will decrease, as you will be able to buy fewer goods and services....
https://knews.kathimerini.com.cy/en/business/property-sales-hit-14-year-high
Property sales in March, as measured by the number of sale contracts deposited at Land Registry offices, hit a 14-year high according to figures released by the Department of Lands and Surveys....
https://knews.kathimerini.com.cy/en/news/credit-suisse-in-the-hot-seat-for-telling-its-clients-to-shred-evidence
Just weeks after Credit Suisse was caught telling clients to shred evidence of its loans to Russian oligarchs, the embattled investment bank has decided to pull out of the country....
https://knews.kathimerini.com.cy/en/news/russians-pile-into-property-in-istanbul-and-dubai-to-shelter-from-sanctions
Wealthy Russians are pouring money into real estate in Turkey and the United Arab Emirates, seeking a financial haven in the wake of Moscow's invasion of Ukraine and Western sanctions, according to many property companies....
https://knews.kathimerini.com.cy/en/business/major-projects-underway-in-larnaca-nicosia
The Cyprus real estate and construction sectors are moving past the demise of the scrapped Citizenship for Investment Programme, turning their attention to the capital and the once-neglected coastal town of Larnaca, while Limassol, with its high-rises and cosmopolitan lifestyle, is still seeing part of the action....
https://knews.kathimerini.com.cy/en/news/op-ed-the-world-needs-to-come-clean-about-dirty-money
On a spring ski break in Colorado last week, I found the town of Aspen buzzing with talk about Roman Abramovich. While the Russian oligarch has rarely been seen in the resort in recent years,...
https://knews.kathimerini.com.cy/en/news/millionaire-flies-ukrainians-to-switzerland
Clutching her baby to her breast, Alona Shevchenko's eyes well up with tears as the plane lifts off from Krakow....
https://knews.kathimerini.com.cy/en/news/rcb-bank-invites-depositors-to-withdraw-their-money
RCB Bank will invite its depositors to withdraw their money. According to Kathimerini sources, RCB Bank customers are expected to be able to either receive their deposits on hand or transfer them to other Cypriot banks....
https://knews.kathimerini.com.cy/en/news/russian-embassy-in-greece-says-bank-accounts-of-citizens-frozen
The Russian Embassy in Greece said Wednesday it was “concerned” about reports it had received from Russian citizens in the country who said that their bank accounts have been frozen, “without any warning or written notification.”...
https://knews.kathimerini.com.cy/en/business/new-russian-asset-tracker-platform-launched-by-non-profit
A nonprofit reporting network launched on Monday the Russian Asset Tracker, a database to track the assets of prominent Russians who have links to Vladimir Putin....
https://knews.kathimerini.com.cy/en/business/consulco-hosted-the-digital-event-uk-economy-and-real-estate-outlook
Consulco has successfully hosted the UK Economy and Real Estate Outlook event, along with four leading organization that have provided insights on the pressures the UK is facing today and their impact on key property markets. ...
https://knews.kathimerini.com.cy/en/news/where-have-wealthy-russians-disappeared-to
It stretches into the Persian Gulf from Dubai. The man-made archipelago in the shape of a huge palm tree is full of luxury hotels, apartments and villas....
https://knews.kathimerini.com.cy/en/news/cyprus-is-losing-its-russians-confronting-existential-questions-about-its-economy
For decades, Cyprus built an economy that courted Russians — Russian tourists, Russian investors, Russian oligarchs.
...
https://knews.kathimerini.com.cy/en/news/roman-abramovich-can-t-pay-queen-£10-000-rent-he-may-owe-for-£107m-mansion
Chelsea owner Roman Abramovich can't pay the Queen the £10,000 rent he may owe for the land his £107million mega-mansion sits on....
https://knews.kathimerini.com.cy/en/news/italy-seizes-oligarchs-villas-and-yachts-to-put-pressure-on-russia
Italian police have seized villas and yachts worth 143 million euros ($156 million) from five high-profile Russians who were placed on sanctions lists following Moscow's attack on Ukraine, the government said on Saturday....
https://knews.kathimerini.com.cy/en/business/abramovich-gets-rid-of-real-estate-and-thinks-of-selling-chelsea
A Labor lawmaker told the British parliament yesterday that Roman Abramovich was rushing to sell his property in the United Kingdom to avoid possible financial sanctions....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-increase-in-investment-funds
The number of investment funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching 8.7404 billion euros, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-reaches-new-record-in-number-of-investment-funds-€8-74-billion-in-total-assets
The number of Investment Funds in Cyprus recorded a new high in December 2021, reaching 257, with their total assets reaching €8,740.4 million, achieving a 2.4% increase, in comparison to September 2021, according to data published by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/alpha-bank-group-sells-€2-4-billion-npl-and-real-estate-portfolio-in-cyprus
Alpha Services and Holdings S.A. (together with its subsidiaries) has reached an agreement with an affiliate of Cerberus Capital Management, L.P. for the sale of a portfolio of Cypriot non-performing loans and real estate properties of a total gross book value of 2.4 billion euro....
https://knews.kathimerini.com.cy/en/news/prince-charles-tests-positive-for-covid-for-second-time
The Prince of Wales has tested positive for Covid-19 for the second time and is now self-isolating, Clarence House has said on Twitter....
