About Philoktimatiki Public Ltd

Welcome to PHILOKTIMATIKI PUBLIC LTD a Cypriot real estate developer, real estate service provider and a contractor of concrete and steel buildings. Philoktimatiki Public Ltd a Nicosia based company was established in 1988 as a residential developing company and in 1989 became a Public Company registered on the Cyprus Stock Exchange. Philoktimatiki Public Ltd is a member of Piraeus Bank Group and has many strategic allies in the Cyprus region.

Activities and services provided

Our primary focus is on:

  • Property development
    • Office Buildings
    • Retail Buildings
    • Industrial Buildings
    • Residential Buildings
    • Land Division
  • Building Construction
    • Concrete Buildings
    • Steel Buildings (ZAMIL Steel Buildings)
  • Real Estate and other services
    • Real Estate Services, real estate investment and development in Greece through Piraeus Bank Real Estate
    • Project Management
    • Construction Management
    • Property Management
    • Management of Property Companies
    • Feasibility - Viability studies
Competences and expertise
  • Provide superior services with quality standards
  • Emphasis on speed, high quality and value Vs cost sensitivity
  • Licensed Contractor of class A through Philoktimatiki Ergoliptiki Ltd. Approved to undertake large construction projects
  • Certified Builder and representation of ZAMIL Pre-Engineered Steel Buildings in Cyprus through Philoktimatiki Ergoliptiki Ltd
  • Combining specialist expertise and know how expert personnel
  • Expertise in Distribution Centers
  • Expertise in Shopping Centers
  • Expertise in large scale retail renovations
  • Expertise in exclusive high-tech office buildings
  • Low overhead base
  • Since establishment, engage in projects of value in excess of EURO 110.000.000 throughout Cyprus
  • Powerful strategic allies

Piraeus Bank Real Estate

  • Represents & Co-operates with Piraeus Bank Real Estate in Greece which provides Real Estate Financing, Real Estate Services and Real Estate investment and Development

ZAMIL Structural Steel Division

  • Representation of ZAMIL Structural Steel Division (SSD) in Cyprus. SSD is a member of ZAMIL STEEL Industries and has been successfully accredited with ISO 9001 since 1995 and with American Institute of Steel Construction, Inc. "AISC" and "ASME" in nearly 2001.
    The production capacity of SSD is 3000MT/month and it is expected to reach 4000MT/month by end of 2002.
    • Line of expertise:
    • Structural Steel Buildings
    • Equipment Support Structures
    • Process Structures
    • Pipe Racks
    • Air and Gas Ducting
    • Stacks and chimneys
    • Build up Girders and Columns
    • Trusses
    • Piping work
    • Miscellaneous

Historical Background

1988 - Establishment of Philiki Ktimatiki Ltd as part of Philiki Insurance Group
1989 - Listing on Cyprus Stock Exchange
1993 - Establishment of the construction company Philiki Ergoliptiki as 100% subsidiary
1995 - Effective ownership passes to Paneuropean Insurance Group of companies. Member of N.K. Shacolas Group of Companies
1996 - Renamed Philoktimatiki Public Ltd
1996 - Upgrade of Philoktimatiki Ergoliptiki Ltd to a class "A" Licensed Contractor
1998 - Appointed Certified Builder and representator of Zamil Pre-Engineered Steel Buildings in Cyprus
1999 - Effective ownership passes to Piraeus Bank via Euroinvestment & Finance Ltd
2001 - Representation and co-operation with Piraeus Bank Real Estate

For more information please contact:
Makarios Charalambides
Tel: 00357 22 591919
makarios@philoktimatiki.com

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