Cyprus Business Now: real estate, surplus, EU fund approval

The Columbia Group is set to acquire the Secret Valley resort from Bank of Cyprus’ real estate management unit (REMU) in a deal valued at over €130 million, it emerged on Monday.

According to  Economy Today , who first ran the story, the transaction, finalised after nearly  four months of negotiations , is the largest ever recorded on the island, marking a new chapter for both the investor and the