Europe - Cyprus

Elias Neocleous & Co LLC

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Under the leadership of Christos Vezouvios, Elias Neocleous & Co LLC continues to undertake a large volume of work relating to immovable property in Cyprus, often representing some the largest real estate funds and developers on the island. The team remains busy advising overseas companies and HNWIs on investments into residential and commercial real estate developments in Cyprus; the client base includes large companies in Eastern Europe and Greece. Property disputes are another key area of instruction. Associate Katerina Krassa is experienced in advising on development and construction deals. Christiana Georgiou has left the firm.

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Key clients

  • Prodea Real Estate Investment Company
  • Limassol Marina
  • CYREIT Variable Capital Investment
  • Company PLC
  • Atterbury Group
  • Landmark Hotel, Nicosia (ex-Hilton Hotel)
  • Invel Real Estate Partners
  • British High Commission/ UK Foreign Office
  • Mediterranean Hospitality Ventures Limited
  • Alokozay Group
  • Celox
  • Remu Estate Ltd
  • Eurobank
  • Galaxia Properties Limited
  • Solek Holding SE
  • EOKA Medical and Rehabilitation Centre
  • Bank of Cyprus

Work highlights

  • Advised Cyprus Tourist Development Corporation on the drafting and negotiation of  required suites of construction contracts for the development and construction of two high rise towers and the refurbishment of a luxury hotel.
  • Advising a Cyprus holding company of a large multinational group on a significant cross-border property dispute involving fraudulent transfers of real estate property in various jurisdictions.
  • Assisted a property development company with obtaining all planning and building approvals needed for the development of two high rise commercial mixed use towers.

Lawyers

Next Generation Partners

Practice head

The lawyer(s) leading their teams.

Christos Vezouvios

Other key lawyers

Katerina Krassa