South EU Summit: Leptos Group on revitalising The Real Estate Sector In Cyprus
The Leptos Group, one of Cyprus’s largest land and building developers, has helped drive economic growth since its establishment in 1960. Founded with the vision of an intersection between tourism, real estate, education, healthcare, and other aspects of the economy, the Leptos Group has grown to embody this holistic approach to land development, exemplified in its new mega-project, the city of Neapolis.
The Cypriot economy – and in particular the real estate sector – is experiencing a period of substantive growth, following the early 2000s financial crisis. In fact, Cyprus now enjoys one of the highest growth rates in the EU at around four percent per year. Macroeconomic forecasts show a sustained growth of more than three percent in the coming years.