Cyfield Group Of Companies
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.
- Company typePrivate
- Founded1990
- HeadquartersNicosia, Cyprus
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
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.
Cyfield Group Of Companies firmographics
Firmographics- 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
Cyfield Group Of Companies industry classification
Industry- Product category
- Real Estate Development
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Urban Renewal, Brownfield Redevelopment & Land Reuse (BPAIANAI)
Keywords
Where Cyfield Group Of Companies is headquartered
LocationHeadquarters
- HQ city
- Nicosia
- HQ country
- Cyprus
- HQ region
- Europe
Offices4 records
Markets served
Cyfield Group Of Companies business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- 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
- Construction Contracting: A-Class contractor services for infrastructure and building projects including highways, roads, bridges, tunnels, dams, sewerage systems, and public buildings
- Property Rentals: Rental income from residential and commercial properties in Cyprus and Greece
- Energy Production and Distribution: Photovoltaic parks and thermal power plant for electricity production, distribution and supply
- Investment Programme Services: Facilitation of Cyprus Investment Programme, Cyprus Permanent Residence, and Greece Golden Visa through real estate purchases
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | One time/ perpetual license | Egkomi Gardens residential units |
| Unit Pricing | One time/ perpetual license | Egkomi Gardens total project cost |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Cyfield Group Of Companies product offering
Product offeringCore 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.
Companies that use Cyfield Group Of Companies
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Cyfield Group Of Companies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Cyfield Group Of Companies partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Marathefti Architects StudiocoreArchitectural 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
Cyfield Group Of Companies competitors and assessment
Company assessmentDirect 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
Cyfield Group Of Companies social profiles
Digital presenceCyfield Group Of Companies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cyfield Group Of Companies leadership team
Management profileNumber of profiles
Profiles1 record
Cyfield Group Of Companies subsidiaries and ownership
Company hierarchySubsidiaries1 record
Cyfield Group Of Companies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cyfield Group Of Companies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cyfield Group Of Companies
What does Cyfield Group Of Companies do?
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.
Is Cyfield Group Of Companies a public or private company?
Cyfield Group Of Companies is a private company. It is classified as family owned and is currently operating.
When was Cyfield Group Of Companies founded?
Cyfield Group Of Companies was founded in 1990. It employs 251 to 500 people.
Where is Cyfield Group Of Companies based?
Cyfield Group Of Companies is headquartered in Nicosia, Cyprus, in the Europe region.
How does Cyfield Group Of Companies make money?
Five revenue lines are on record. Real Estate Development Sales are the primary driver. The others are construction Contracting, property Rentals, energy Production and Distribution and investment Programme Services.
Who are Cyfield Group Of Companies's main competitors?
Direct peers on record are Pafilia Property Developers, Cybarco, Aristo Developers, Elma Group / Imperio, Leptos Group and Prime Property Group. Lanitis Group is listed as a broad incumbent. Regional players are Aktor SA, Lamda Development and Noval Property.
Does Cyfield Group Of Companies have an API?
No public API is recorded for Cyfield Group Of Companies.
What industry is Cyfield Group Of Companies in?
Cyfield Group Of Companies's product category is Real Estate Development. Its primary akta.pro industry code is BPAIANAI, Urban Renewal, Brownfield Redevelopment & Land Reuse. Its SIC code is 6552.