PwC Cyprus presented its publication “Cyprus Real Estate Market – Year in Review 2017”, at an event in Nicosia on 28 March.
The publication provides the latest developments in the real estate sector during 2017. The event was attended by professionals of the sector and other stakeholders, who had the opportunity to learn more about the current developments in the market, the new legislative and tax regulations that affect land development, as well as the latest real estate market trends.
Addressing the event, our Partner in charge of Advisory Services, Mr Constantinos Constantinou, said: “The real estate sector is of high interest to PwC Cyprus. Capitalising on the organisation’s expertise, we stand by the sector’s companies, providing them with the solutions they seek in order to keep up with the ever-changing market conditions. This event is taking place at a time when the sector has been showing strong elements of stability and growth. It should therefore remain a priority for everyone to support the sector in the future years.”
Our Partner, Chrysilios Pelekanos and Senior Manager, Constantinos Savvides summarised the latest trends of the real estate sector and analysed the statistical data on property transactions, building licences and the behaviour of price indices.