THE WORLD’S biggest and fastest-growing real estate network yesterday announced the opening of its first four offices in Cyprus.
The company’s President and CEO, Tom Kunz, yesterday told the Mail that, “the island is the Mediterranean’s best kept secret. Its geographical location gives it such an advantage and it’s an excellent example of globalisation having increasing demand for properties coming from overseas. I believe Century 21 will facilitate this expansion in providing the platform for bridging into these international markets, providing the utmost in value and support to the new offices in Cyprus. We wish these new offices great success in their operations and we’re proud to welcome them to the Century 21 family.”
The first four offices will be located in Nicosia, Limassol, Protaras and Paralimni, with plans for 21 offices over the next three years.
The company was established in 1971, with a recent US survey finding the brand to be the most recognised name in real estate.
Annual profits in the United States amount to four billion dollars.
Frank Clarke, head of the French division, which was the first set up in Europe, stated: “It’s appropriate that we’re in Cyprus, in a little corner of heaven. There is a strong argument for attracting a lot of people to the island, which has always been a country of change.”Extracted from the Cyprus Mail.Comment: It is interesting to note that this global real estate brand has chosen to launch 50% of its initial offcies in the Paralimni/Protaras growth region, which we at InvestinCyprus.com have targeted as one of the two major areas on the island to invest in.
