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Themis Portfolio Management Unveils High-Stakes Online Real Estate Auctions Across Cyprus

Introducing a Premier Auction Event

Themis Portfolio Management is set to redefine the investment landscape with an exclusive series of online auctions throughout June. Hosted on the renowned e-auctions platform, these digital events offer a carefully curated selection of agricultural, livestock, and residential plots spanning every district of Cyprus. Investors and developers now have access to a unique portfolio of properties, each presenting distinct opportunities for growth and diversification.

Auction Schedule by District

The auction events are segmented by district, ensuring local relevance and regional investment prospects:

  • Nicosia: June 2–6
  • Limassol: June 10–13
  • Paphos: June 16–20
  • Larnaca: June 23–25
  • Famagusta: June 26–27

Diverse Investment Opportunities

The forthcoming auctions present a broad spectrum of properties, from agricultural expanses ideal for farming and livestock to strategically located residential plots. For instance, a modest 149 sq.m. plot in Kalo Chorio Oreinis (reserve price of €1,000) offers proximity to essential roadways and public utilities, making it an attractive option for future development. Similarly, multiple plots in Agios Therapon, Limassol, with varying reserve prices and sizes, allow investors to engage in both protection and residential planning zones.

Highlighted Parcels of Land

Among the many opportunities, a few notable listings include:

  • A substantial 11,037 sq.m. plot in Mathikoloni, Limassol, with a reserve price of €14,250, situated in a prime agricultural zone.
  • A 10,313 sq.m. parcel in Geri Municipality, priced at €22,750, positioned near key industrial and residential areas.
  • An impressive 19,064 sq.m. agricultural plot in Vouni, Limassol, available for €10,200, strategically located near community boundaries with significant frontage.
  • A well-situated residential plot in Klirou, Nicosia, at €23,100, offering immediate access to local amenities and schools.

How to Participate

Bidders interested in these premium real estate opportunities should register through the official e-auction system. Detailed guidelines are available to ensure a seamless digital bidding experience.

Conclusion

This series of online auctions serves as a strategic touchstone for investors looking to capitalize on Cyprus’s diverse real estate market. Whether targeting agricultural development, residential expansion, or long-term capital appreciation, the events orchestrated by Themis Portfolio Management offer a robust platform for making informed investment decisions.

Copyright Law Struggles To Keep Up With AI Training

Courts Are Still Applying Old Copyright Rules To AI

AI companies train models on enormous amounts of published material, including books, articles and academic research. Whether using that content without authors’ permission violates copyright law remains unresolved.

Much of the debate centres on fair use, which allows copyrighted material to be used without permission in certain circumstances. Courts consider factors such as the purpose of the use, how much material was involved and its impact on the original market.

Anthropic Case Sets An Important Precedent

A major case involving Anthropic and a group of authors provided one of the clearest rulings so far. Judge William Alsup found that using copyrighted books to train AI models was lawful, comparing the process to people reading and studying literature before creating something new.

Anthropic was nevertheless ordered to pay $1.5 billion in a settlement. The penalty concerned books the company had obtained from illegal online libraries rather than the AI training itself.

For AI companies, that distinction could prove significant because it separates studying copyrighted material from directly copying it.

Competition Could Be The Key Issue

A case involving Thomson Reuters and Ross Intelligence offers a different perspective. A court ruled that Ross could not claim fair use after using Reuters’ copyrighted material to develop a competing AI-powered legal research platform.

The decision suggests courts may be less willing to consider AI training fair use when copyrighted content is used to build a product that directly competes with the original.

For authors, an unresolved question is whether AI-generated content should be considered competition for the works used to train these models.

The Law Has Yet To Catch Up

US copyright law predates generative AI by decades, leaving courts to apply old principles to new technology. Questions also remain over copyright protection for AI-generated works. In Thaler v. Perlmutter, a court ruled that material created entirely by AI cannot receive copyright protection.

Major AI companies remain involved in copyright litigation, and different courts could reach different conclusions. For now, there is no universal rule: the legality of AI training will depend on the circumstances of each case and how courts ultimately interpret copyright and fair use.

Uol
The Future Forbes Realty Global Properties
eCredo
Aretilaw firm

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