Bank Of Cyprus Earns Two EMEA Finance Awards For €300 Million Bond Deal

The Bank of Cyprus has added another milestone to its capital markets track record, securing two honours at the EMEA Finance Achievement Awards 2025 for its €300 million Tier 2 bond issuance. The recognition follows the successful transaction completed in September 2025 and further reinforces the lender’s position in international debt markets.

Third Straight Year Of Recognition

The latest awards mark the third consecutive year that the Bank of Cyprus has been recognised by EMEA Finance, underscoring the bank’s sustained momentum in global capital markets. The publication, which tracks major financial transactions across Europe, the Middle East and Africa, awarded the bank for both Best Financial Institution Bond (Mid-Cap) in the region and Best Financial Institution Bond in South Eastern Europe.

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Strong Investor Appetite For The Transaction

According to the bank, the awards reflect the exceptional response to the Tier 2 issuance, which drew interest from more than 100 institutional investors. Demand exceeded €3 billion, more than ten times the size of the €300 million offering, signalling deep market confidence in the bank’s credit profile and strategic direction.

Confidence In The Bank’s Strategy

Commenting on the recognition, Bank of Cyprus Treasury Director Despina Kyriakidou said the awards capture both the success of the transaction and the trust international investors continue to place in the institution.

“We are very pleased that our highly successful €300 million Tier 2 bond has received two awards at the annual EMEA Finance Achievement Awards,” Kyriakidou said.

“The fact that this is not the first time that the Bank of Cyprus has been recognised by a prestigious international institution confirms in practice the confidence shown in the bank by international markets and institutional investors,” she added.

Kyriakidou said the result reflects the bank’s strong financial position, consistent growth trajectory and commitment to long-term shareholder value, while also supporting the Cypriot economy.

The Future Forbes Realty Global Properties

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

by THEFUTURE.TEAM

July 28, 2026

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

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Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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