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When Is Revenue Really Earned? What Every Real Estate Developer Should Know About IFRS 15

“We’ve sold almost every apartment, so why haven’t our profits increased?” This is one of the most common questions property developers ask when reviewing their financial statements. Imagine a developer who has pre-sold 80% of a new residential project. Buyers have paid substantial deposits, banks are satisfied with the pre-sales, and construction is progressing according…

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The evolving structure of the Cyprus investment funds industry and its impact on the wider market

According to a report published by the Cyprus Securities and Exchange Commission (CySEC) earlier this month, total assets under management in the Cyprus fund industry stood at €11.2 billion in Q4 2025, down 1.97% quarter-on-quarter. Despite this modest contraction, the composition of the market points to the continued dominance of alternative investment structures and a…

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