BBF announces that it has successfully completed the sale of four Grade A office buildings within the last year. With the sale of bbf: latitude, bbf: liberty, bbf: benchmark, andbbf: summit, with a total area of 20,000 sq.m. approximately, BBF consolidates its presence in the commercial real estate sector of Cyprus.
H Elena Petropavlovskaya, Global Commercial Director at BBF, said >:
“Responding to the growing demand to buy and rent high-end commercial properties, we create functional office spaces that cover the full range of business needs – with spaces starting from 100 sq.m. for small and medium-sized enterprises and reach up to 6,000 m2, suitable to house the new headquarters of large companies.
Our projects are a magnet for many companies internationally – from start-ups to large multinationals organizations in IT, consulting, banking and finance, industry and elsewhere.
Investors who acquire BBF commercial properties for the purpose of subletting them can expect a rental yield of at least 8 %.”
BBF's portfolio also includes nine A' class commercial projects with a total area of 62,300 sq.m. Two of them – bbf: heart and bbf: line – are located on the Limassol waterfront.
Learn more about BBF's commercial projects at bbf.com
