Cyfield Group Of Companies

What Cyfield Group Of Companies does

Cyfield Group of Companies is a privately held, family-controlled integrated construction and real estate group founded in 1990 and headquartered in Nicosia, Cyprus, with additional operations in Greece and Egypt. The group operates three divisions: Real Estate Development (design, construction, marketing and sale of residential and commercial properties), Construction Contracting (A-class contractor delivering highways, roads, bridges, tunnels, dams, sewerage systems, drainage and wastewater treatment plants), and Energy (Power Energy Cyprus subsidiary producing electricity via photovoltaic parks and Cyprus's first private thermal power plant at 6.5MW capacity). Its portfolio includes landmark high-rise developments such as 360 Nicosia (135m, Cyprus's tallest in the capital), Downtown Residences, Stasikratous Residences, and the recently announced Egkomi Gardens €110 million integrated community of 296 apartments, alongside commercial assets such as the PwC Cyprus Headquarters in Strovolos and an Athens office building. The firm employs 700+ staff including 80+ engineers and architects and has completed 400+ developments plus 620+ km of sewerage and road construction.

The business model combines transactional real estate development sales (one-time unit pricing — e.g., Egkomi Gardens 1-beds at €3,450/sqm, 2-beds at €3,630/sqm) with recurring streams from property rentals, energy production and distribution via PEC, and professional services facilitating the Cyprus Investment Programme, Cyprus Permanent Residence, and Greece Golden Visa via property purchase. Go-to-market is sales-led through company-owned showrooms and sales offices in Nicosia, a website property search portal with virtual tours and 3D visualization, social channels (Facebook, LinkedIn, Instagram, YouTube, X), participation at industry congresses such as the 20th Land Development, Real Estate and Construction Congress, and partnerships with investment-programme facilitators reaching international buyers. Underlying technology is primarily physical and industrial — €50m+ of advanced construction machinery, Class A smart-building systems (VRV HVAC, underfloor heating, triple-glazed Low-E aluminium, structured cabling, fire/burglar alarms), and regulated thermal/photovoltaic generation assets — with no disclosed AI/ML, API, or platform layer.

Customer concentration spans a long tail of individual property buyers (5,000+ satisfied customers), commercial tenants anchored by PwC Cyprus, international investment-programme applicants, and government/public-sector clients for infrastructure delivery. The group is led by CEO George Chrysochos (Γιώργος Χρυσοχός), with no institutional or private-equity backing identified and revenue figures not publicly disclosed. Pricing is project-dependent and not standardized across the portfolio, reflecting the bespoke nature of landmark and luxury developments alongside more standardized mid-market apartment offerings.

Name

Cyfield Group Of Companies

Legal name

Cyfield Development Public Limited

Website

https://cyfieldgroup.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

251–500 employees

Short description

Cyfield Group of Companies is a privately held Cypriot integrated construction, real estate development, and energy group founded in 1990, serving individual residential buyers, commercial tenants, governments, and international investors across Cyprus, Greece, and Egypt.

Ownership category

akta.pro rank

Product category

Real Estate Development

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI)

Keywords

• Real estate development
• Construction contracting
• Residential property sales
• Infrastructure construction
• Energy production supply

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Real Estate Development Sales: Design, construction, marketing and sale of residential and commercial properties including apartments, villas, houses, landmark buildings, and land in Cyprus and Greece
2. Construction Contracting: A-Class contractor services for infrastructure and building projects including highways, roads, bridges, tunnels, dams, sewerage systems, and public buildings
3. Property Rentals: Rental income from residential and commercial properties in Cyprus and Greece
4. Energy Production and Distribution: Photovoltaic parks and thermal power plant for electricity production, distribution and supply
5. Investment Programme Services: Facilitation of Cyprus Investment Programme, Cyprus Permanent Residence, and Greece Golden Visa through real estate purchases

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Cyfield Group is an integrated construction and real estate developer operating since 1990 across Cyprus, Greece, and Egypt. The company designs, builds, markets, and sells residential properties (apartments, villas, landmark high-rise buildings), commercial buildings, and land; delivers A-Class construction contracting for infrastructure (highways, roads, bridges, tunnels, dams, sewerage); and produces and distributes electricity through photovoltaic parks and Cyprus's first private thermal power plant.

Product overview

Cyfield Group is an integrated construction and real estate Group operating primarily in Cyprus, Greece, and Egypt. The company operates three main divisions: Real Estate Development (covering land acquisition, design, construction, marketing and sale of residential and commercial properties), Construction Contracting (A Class contractors undertaking infrastructure projects), and Energy (power production and distribution). The product portfolio includes landmark high-rise buildings such as 360 Nicosia (the tallest building in the capital), Downtown Residences, Stasikratous Residences, and Egkomi Gardens, along with apartment complexes, houses/villas, and commercial buildings. The company has built 400+ developments, 620+ km of sewerage and road construction, and employs 700+ people across 5 global offices.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Development Land development service covering design, construction, marketing and sale of a complete range of residential and commercial properties (apartments, houses, villas, landmark high-rises, commercial buildings, and land) for individual buyers, commercial tenants, and international investors in Cyprus and Greece.
• Construction Contracting A-Class contractor service for infrastructure and building projects including highways, roads, bridges, tunnels, dams, sewerage systems, drainage systems, wastewater treatment plants, and public buildings, delivered to public sector and government clients in Cyprus, Greece, and Egypt.
• Energy Production and Distribution Energy operations covering electricity production, distribution and supply to end consumers via photovoltaic parks and Cyprus's first private thermal power plant (6.5MW capacity under construction), operated through subsidiary Power Energy Cyprus (PEC).
• 360 Nicosia A 34-storey landmark residential high-rise in Nicosia at 135m (tallest building in the capital) comprising 117 apartments, 3 shops, 3 restaurants, hotel-style amenities including a sky restaurant on levels 33-34, wellness center, swimming pool, and 24-hour concierge service; equipped with VRV air-conditioning/heating, underfloor heating, thermal break aluminium frames with triple glazing Low-E glass, CCTV, fire and burglar alarms, structured cabling with USB chargers.
• Downtown Residences An iconic 20-storey landmark residential building in Nicosia standing at 81 meters with 34 lavish 2 and 3-bedroom apartments, gym facilities and modern urban design.
• Stasikratous Residences Second tallest building in Nicosia at 104 meters with 26 floors and 46 luxurious 2 and 3-bedroom apartments, featuring a pure white facade with organically bending curved balconies.
• Egkomi Gardens A fully integrated residential community with five 8-storey buildings offering 296 one- to three-bedroom apartments on a 20,640 sqm land area (30,312 sqm total development), featuring an indoor heated pool, sauna, spa, gym, kids area, mini market, cafe, restaurant, retail shops, hair salon, and padel courts. Total project cost €110 million with units priced from €3,450 to €3,630 per sqm.
• Arsinoe Residences An exclusive 7-storey residential development in Nicosia's Acropolis neighbourhood with 2 and 3-bedroom apartments featuring open-plan interiors, spacious verandas, underfloor heating and Energy Class A standard.
• Vassili Michaelide Residences A contemporary 4-storey residential building in Egkomi, Nicosia with 2 and 3-bedroom apartments featuring open-plan living spaces, large covered verandas, and Class A energy efficiency.
• Limassol Hill Residences A, B & C Three distinct residential buildings in the Agios Athanasios area near Limassol with 2 and 3-bedroom apartments featuring Class A Energy Certificate, underfloor heating, photovoltaic provisions, and sea views.
• Commercial Building - PWC Cyprus Headquarters A 9-storey commercial office building in Strovolos, Nicosia serving as the Cyprus Headquarters of PricewaterhouseCoopers, with 162 parking places and Class A fittings equivalent to PWC London HQ, equipped with the latest technology and security provisions.
• Alexandras 128, Athens A state-of-the-art 8-floor office building in Athens business centre with 3 basements and 60 parking places, completed in 2013-2014 with Class A energy performance and smart building automations.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Marathefti Architects StudiocoreStrategic or Co-development Partner · 6 February 2026Architectural design firm responsible for the design of Egkomi Gardens, a €110 million integrated residential community development featuring five 8-storey buildings with 296 apartments on a 20,640 sqm land area in Engomi, Nicosia

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Pafilia Property Developers: Long-standing Cyprus-based developer of luxury residential and resort properties, also active in Greece and international markets. Closely comparable to Cyfield's premium residential segment and reliance on foreign-buyer demand, including residency-by-investment programmes.
• Cybarco: Cyprus-based group combining property development (notably Limassol Marina) and A-Class construction contracting, with international project delivery. Mirrors Cyfield's integrated developer-plus-contractor model and premium high-rise focus.
• Aristo Developers: Cyprus-headquartered developer of residential projects (apartments, villas, holiday homes) targeting domestic and international buyers. Comparable to Cyfield on product type and reliance on the foreign-buyer / residency-by-investment channel.
• Elma Group / Imperio: Cyprus-based real estate developer and construction company focused on high-end residential and commercial projects in Nicosia and coastal cities. Comparable to Cyfield's premium apartment and villa pipeline and Cyprus-only concentration.
• Leptos Group: One of Cyprus's largest privately held real estate and construction groups, with a similar integrated model spanning property development, construction contracting, and hospitality. Directly comparable to Cyfield in scale, geographic footprint (Cyprus and Greece), and product mix of residential apartments, villas, and landmark towers.
• Prime Property Group: Cyprus-focused developer of residential and mixed-use projects in Limassol, Paphos, and Nicosia. Comparable size and product mix to Cyfield's mid-rise pipeline (e.g., Egkomi Gardens, Vassili Michaelide Residences).

Broad incumbents

• Lanitis Group: Diversified Cypriot conglomerate with deep roots in real estate, construction, leisure, and energy — overlapping with each of Cyfield's three divisions but operating at greater scale and across more verticals. Useful as a comparable for size, brand longevity, and vertical breadth rather than head-to-head project competition.

Regional players

• Aktor SA: Greek-listed construction and infrastructure contractor active in roads, bridges, PPPs, and energy projects across the Eastern Mediterranean and MENA. Directly comparable to Cyfield's A-Class construction contracting division, including Egypt.
• Lamda Development: Athens-listed developer behind the Hellinikon mega-project, plus commercial and mixed-use assets across Greece. Comparable to Cyfield's Greek arm (e.g., Alexandras 128 Athens office), although operating at much larger scale and as a public company.
• Noval Property: Greek real estate investment and development company with residential and commercial assets in Athens and the Greek islands. Comparable as a regional peer for Cyfield's Greek residential and commercial activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/cyfieldgroup
• YouTubeyoutube.com/user/matmax1973/videos
• Facebookfacebook.com/cyfieldgroup
• LinkedInlinkedin.com/company/cyfield-group
• Instagraminstagram.com/cyfieldgroup/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cyfield Group Of Companies