Cyprus Land Development Corporation meets with Real Estate Developers Association

On Wednesday, November 11, 2026, the Cyprus Land Development Corporation (KOAG) held a meeting with the Real Estate Developers Association to address the current housing crisis in Cyprus. The discussion focused on the growing difficulties citizens face in accessing suitable and affordable housing and the urgent need to increase the overall supply of homes.

Representing KOAG were President Nikolas Diomidious, Vice President Pashalis Theofanous, General Director Eleni Symeonidou, and Head of Technical Services Charalambos Michailidis. The Real Estate Developers Association was represented by President Giannis Misirlis, General Director Mersina Isidorou, and members of the Board of Directors.

A central point of the discussion was the impact of administrative delays in licensing housing projects. Participants emphasized that these bureaucratic bottlenecks hinder the timely delivery of affordable units to the market. Both organizations agreed on the necessity of accelerating and improving the predictability of the licensing process, viewing these steps as essential prerequisites for increasing the availability of affordable housing solutions across the country.