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All reports tagged with: "Aristo"

Aristo acquittal appealed

An appeal against the court decision to clear Theodoros Aristodemou, the founder of Aristo Developers and former chairman of the Bank of Cyprus, has been filed at the Supreme Court by the state.

Aristo trial in January (update)

At a pre-trial hearing at the Paphos District Court earlier today, the four suspects in the Aristo land fraud case entered pleas of not guilty and will stand trial before the Paphos Criminal Court on 12 January.

Aristo trial postponed

The trial of Theodoros Aristodemou, the founder and MD of Aristo Developers Limited and former Chairman of the Board of Directors of the Bank of Cyprus, and others has been postponed.

Aristo investigation widens (Update)

The police investigation into the activities of Theodoros Aristodemou, the founder and managing director of Aristo Properties, has widened to probe other developments built by the company.

Attorney-general to probe Aristo land deal

Having questioned staff at the Land Registry, the water department and the Paphos municipality, CID officers are expected to hand over a report into the Aristo land deal to the Attorney-general.

Developers listed on leaked memo of risky loans

A number of property developers, including the Leptos Group, the Dolphin Group and the Shacolas Group were amongst the companies listed in an alleged leaked memo from the BoC as having ‘risky’ loans.

Cyprus deal targets Scandinavian buyers

A Cypriot developer has signed an exclusive deal with one of Norway’s largest agents in hope of cashing in on growing demand from Scandinavian buyers.

Cypriot developer reveals new marketing strategy

Cypriot developer Aristo has begun a new marketing strategy separating its existing stock from its new luxury projects.

Developer swaps shares for property in Cyprus

Dolphin Capital Investors, the company that owns the Cyprus developer Aristo, is offering its shareholders a ‘shares for assets’ scheme according to a report in the Overseas Property Professional.

Cyprus sale achieves €8.8 million

Brave property investors exchanged shares valued at €8.8 million for Cyprus holiday homes. Although somewhat less than the sales target of €50 million, Dolphin MD declared the shares-for-property swap programme a success.

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