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Real Estate
-
Overview
SFS Group Public Company Limited (‘SFS Group’) acquired the majority of its real estate properties during the first half of 2000. From 2003 onwards, development has commenced on the land bank in addition to more active trading (both selling, buying and replacing) in order to enable better optimization of the property portfolio return and improve its yield.
Currently, the total real estate portfolio represents over 50% of SFS Group's total assets. The properties comprise primarily of:
sea front tourist development land
sea front commercial/residential development land
renovated and rented out residential properties
rented out commercial buildings, shops and offices
residential development land
industrial development land
agricultural land
SFS Group focuses mainly on two real estate development projects:
SFS LeΔra Properties (
www.ledraproperties.com
)
Larnaka Bay Resort (
www.wkh-properties.com
)
Ellinas House, 6 Theotoki Street
P.O.Box 22379,
1521 Nicosia, Cyprus
Tel:
+357 22 554 200
Fax:
+357 22 433 038
Email:
info@sfsnet.com
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