At Chrysses Demetriades & Co Law Office, the real estate and construction group is included within the firm's wider corporate, commercial and M&A department. Led by Constantinos Mavrellis, the team has been involved in large-scale infrastructure, construction and real estate development projects in Cyprus. The practice has established capabilities in advising on the creation of investment holding structures, funds and joint ventures for investing in large real estate projects in international real estate markets. The client base includes large Cypriot real estate development companies and investment funds, prominent real estate investors and leading contractors. Senior associate Maria Socratous is a key name to note.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Chrysses Demetriades & Co LLC is a large firm that manages to provide its expertise and knowledge with a boutique firm level of service and approach. We are always impressed with their level of commitment and immediacy of response.'

  • ‘A versatile and knowledgeable team. They care for the final result.'

  • ‘The team is always responsive and shows a good understanding of the technical issues while remaining practical and commercial throughout.’

  • ‘Constantinos Mavrellis is a very strong technical lawyer who has great commercial acumen and remains hands on on his files giving comfort that everything has been thoroughly reviewed.'

  • 'Louiza Demosthenous is always responsive and attentive and a pleasure to work with.’
  • ‘Depth knowledge of the law, responsiveness, people, collaboration.’

  • ‘Christos Mavrellis and Constantinos Mavrellis are excellent professionals with depth knowledge of local and foreign law with great attention to detail. They all respond immediately in any request of ours with justified positions and advices. ’

  • 'Constantinos Mavrellis- his in depth knowledge of the sector, coupled with his no- nonsense, realistic approach has assisted us in not only successfully completing a number of complicated transactions, but doing so in a very efficient and time-saving manner.'

Key clients

  • Imperio Group
  • Pafilia
  • Cybarco Limited
  • Prodea Investments
  • NKS Group
  • Ghelamco Group
  • Lanitis Group
  • Aristo Developers
  • StaDemos Group
  • Mymall Limassol
  • Muskita Hotels Limited
  • Leptos Group
  • Invel Real Estate
  • Mediterranean Hospitality Venture Limited
  • Amathina Luxury Hotels Limited
  • AMCAP AIF V.C.I.C. PLC
  • TP Mediterranean Adventures Ltd
  • Cyprus Tourism Development Company Ltd
  • G.M. Latour (Alaminos) Ltd

Work highlights

  • Advised Prodea Investments on the acquisition of Landmark Office Tower in Nicosia in a transaction worth over €70m.
  • Advising Amathina Luxury Hotels Limited on the sale of high-end exclusive condos in the Amathus Residence.
  • Advising the sellers on the acquisition of Mymall Limassol, Limassol’s largest retail mall in a transaction worth more than €80m.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Constantinos Mavrellis

Other key lawyers

Maria Socratous, Louiza Demosthenous, Christos Mavrellis