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Reports written by Alexis Pantelides

Failure to pay property fine prompts liquidation order

Having been deemed as being unable to pay its debts, an order has been issued by the Famagusta district court for the winding up of K & M Famagusta Developers and Construction Ltd.

Real estate revenue down 70 percent in last five years

The vice-president of the Cyprus Land and Building Developers Association has warned that the sector’s future depends on its ability to address the various challenges it faces and on the global economic rate of recovery.

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