Dolphin Capital Investors (Dolphin), the leading investors in the residential resort sector in south-east Europe, announced the acquisition of an 80% shareholding in Aristo Developers Plc. Dolphin has secured a 60% shareholding from Mr. Theodoros Aristodimou, the principal shareholder and founder of Aristo, in exchange for €128.7m and a 15% interest in the Dolphin vehicle acquiring Aristo, and 20% from Aristo’s second largest shareholder for €57.9m in cash.
About Cyprus Property News
Established in 2004, Cyprus Property News is the Island’s leading on-line resource for overseas home buyers and property investors.
Owned, funded and operated independently, we provide the latest news and analysis of events shaping the property market and offer opinion and guidance on purchasing real estate.