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Next Previous Invest Cyprus in the heart of the European Real Estate HOME • INSIDER • CYPRUS • Invest Cyprus in the heart of the European Real Estate
& nbsp & nbspInsider & nbsp; & nbsp; Significant interest from & nbsp; institutional investors was recorded in the international exhibition MIPIM
Invest Cyprus continues the targeted actions for the promotion and promotion of Cyprus as an investment destination.
The Cyprus Investment Promotion Agency had for another year a strong presence with a Cypriot stand at one of the most important European real estate exhibitions, at MIPIM (Marche International des Professionnels de la Immobillier), held between March 15-18 in France.
MIPIM is considered one of the leading international exhibitions in the real estate sector with around 3,800 exhibitors and is visited annually by more than 30,000 professionals in the field, with a strong presence of international institutional investors who manage billions of assets. & Nbsp;
The delegation of Invest Cyprus had the opportunity to present the advantages of the country as an investment destination and to inform about the prospects and the returns of the real estate sector. “Despite the challenges at European and global level, we observe that the real estate sector maintains its investment dynamics. The interest during the exhibition by institutional investors was significant, with visitors wanting to be informed about developments in the domestic market, confirming that Cyprus can & nbsp; is a rapidly growing European destination for organizations investing in commercial and residential development “, commented the CEO of Invest Cyprus, George Kampanellas.
On March 16, during a reception at the Cyprus Pavilion, they were presented to a targeted audience the comparative advantages offered by Cyprus. Discussions with foreign institutional investors and project managers were & nbsp; the investment opportunities created by the implementation of the Strategy of the Ministry of Finance to attract international companies in our country and the sharply growing interest recorded especially by companies in the field of technology. The specialized Project Bank was introduced, a digital database, which aims to host development projects in strategic priority areas, which seek investment capital. At the same time, special reference was made to the promotion of investment opportunities in the field of tourism and hospitality, since through the Tour Invest initiative, the Organization is working towards the implementation of the objectives of the National Tourism Strategy 2030.
