The investments for the construction of new housing buildings slowed down in 2004, reaching £462 million compared to 2003. After the construction boom in 2002-2003, the capital flow returned to a...
According to CYSTAT data released on Monday, cement sales in the first half of 2005 slowed down. Although the increase in domestic sales for the first half of 2003 stood at 21%, this year’s increase...
12/07/2005
The House of Representatives decided on Thursday to amend the law on municipalities and approved the single rates on property. With 40 votes for and 1 absence, the Parliament left no discretion to...
08/07/2005
Mr. Lakis Tofarides will continue to be the Chairman of the Land and Building Developers Association. The new Board of Directors is as follows: Lakis Tofarides – Chairman Michalis Zavos – Vice...
06/07/2005
The cost of constructions recorded a sharp increase of 53.6% in the past five years. According to CYSTAT data released on Wednesday, construction cost in the first quarter of 2005 increased by 14%...
06/07/2005
The total turnover of the construction industry in the occupied territories reached £500 million, the House Commerce Subcommittee was told on Tuesday. According to the relevant figures, 5,000...
28/06/2005
The impressive increase in the price of oil products in May was not enough to reverse the negative conditions in the cost of construction material. Price hikes in May reached 6.3% compared to May...
21/06/2005
The island’s business elite has been alarmed by latest StockWatch report on the British company that invests in the free and occupied territories simultaneously. The suspicion that Investors...
17/06/2005
According to CYSTAT data released on Monday, domestic cement sales recorded a sharp drop in May. Specifically, cement sales dropped by 3% to 134 thousand tons against 138 thousand tons in May 2004...
14/06/2005
According to the Land Register data released recently, there are signs of stabilization in the property market for the first quarter of 2005. Voluntary sales dropped from £248 million to £203...
01/06/2005