

The Department Store DEBENHMAS CENTRAL is located in a prime location at the junction between Makarios Avenues (the main high street of Nicosia) and Griva Dhigenis Avenues, with access and frontage from the parallel side street Annas Komninis. The property consists of the land where the department store building is located and additional land nearby which allows capacity for significant expansion of the store as well as additional land which is used for parking. The land has a total area of 3.700 square meters and the store has a total area of 4.000 square meters and 105 parking places. The Company intends to take advantage of the significant capacity to expand this store in the future in order to maximize its revenue generating potential.