Trends in Retail in Cyprus
December 29, 2025
Shopping malls remain the preferred locations for retail in Cyprus, with rental prices on the rise. In 2025, rents in popular shopping centers have reached up to €70 per sqm, driven by demand from major retailers. While there is interest in new shopping center developments, some projects are facing delays. Significant differences are also observed in rents among various cities. Retail is divided into premium and more risk-sensitive segments depending on the location.