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Gifa transfers 50% stake in Northern Cyprus Karsiyaka project for £4.5 million consideration

PUBT·09/24/2026 16:55:17
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Gifa transfers 50% stake in Northern Cyprus Karsiyaka project for £4.5 million consideration
  • Gifa agreed to transfer a 50% interest in the Karsiyaka real estate project in Northern Cyprus for GBP 4.5 million.
  • Consideration will be committed to parcelization and development work for the project rather than paid as cash.
  • Initial development work is expected to start in about eight weeks.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gifa Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609241255ACCESSWRNAPR_____1226670) on September 24, 2026, and is solely responsible for the information contained therein.