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All reports tagged with: "Dolphin"

China Glory flirts with new plots

According to unnamed sources, the Hong Kong based conglomerate that acquired the Venus Rock Golf Resort in Paphos is considering buying plots of land in Limassol, Larnaca and Paphos.

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.

Row erupts over Dolphin payout to Aristo

Dolphin Capital said it would pay €50 million in cash and the balance of €42.7 million through the issue of 133.1 million shares in Dolphin Capital to Aristodimou or his companies, based on an issue price of 30 pence a share.

Dolphin hits out at cancellation rumours

Dolphin has denied reports saying that some of its developments in Greece & Cyprus could be put on hold until the economic downturn ends.

Dolphin postpones resorts, may buy back shares

If we put villas on the market and we discover that nobody wants to buy, we will just delay it and wait for six months until the market recovers.

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