Aristo developers signed an exclusive deal with Norway’s largest agents
Aristo developer has signed an exclusive deal with one of Norway’s largest agents in hope of cashing in on growing demand from Scandinavian buyers. Norsk Megling will endorse Aristo Developers’ stock in Cyprus, alongside its existing portfolio of homes across Europe, the US and Brazil.
Panayiotis Michaelides, the firm’s marketing manager said that Aristo has seen growing interest from the Scandinavian market over the last four months, He said that Norway’s economy has been particularly resilient during the financial crisis with a relatively shallow recession and moderate increase in unemployment. Aristo has been selling to Scandinavian buyers for the last eight years, and has had an affiliate office in Stocholm for four years.
He commented: “Our exclusive partner, Agnar D. Carlsen, managing director of Norsk Megling, strongly believes the same as we do – Aristo and Norsk Megling joining forces can achieve quite good results under the given circumstances. We are now about to launch some new signature projects and we need to empower our position on these markets, Norway and Sweden being the two countries we believe have great potential for further growth.”
Aristo developers have begun a new marketing strategy separating its existing stock from its new luxury projects. Panorama Residences in Pissouri was launched in an attempt to attract buyers from the high-end of the market . Aristo is also awaiting government approval on ‘Venus rock’ project as it will be the biggest the island has ever seen. it is intended to be a €1 billion project covering around 10 million sq.m. of land.
The two developments are to be marketed separately from the company’s other products, which are aimed at mid to low-end buyers and now referred to as ‘Aristo Classic’.
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