Investment in Cyprus from Global Finance

Global Finance has concluded recently a substantial investment in Lanitis Development Limited, member of the well-known Lanitis Group of Companies. The investment is the fifth of the most recent Fund of the company (total amount of 200 million Euro).

Lanitis Development Ltd has developed Aphrodite Hills, a unique in its field, luxurious tourist community of 2.3 million square meters in Cyprus. It includes 850 villas and apartments, a five-star Intercontinental Hotel, a championship golf course and tennis court, and also a spa facility.

The resort has been a major success as 65% of the real estate has been already sold, mainly in the European market. The company has thus achieved significant appreciation in the value of land and created a stream of future revenues from developing villas and from operating the resort's Intercontinental Hotel and sports facilities.

The company is now working on identifying land for the development of a similar resort in Greece.

Lanitis Development is a subsidiary of Lanitis Group of Companies, which includes companies in the construction, tourist, commercial and bank area.

Well already everyone be familiar with that found with ease in the Internet. In specific on our website it is full of it. But you forget and constantly you ask.