Exness Acquires €75 Million Property in Cyprus for Future Growth

Limassol, Cyprus – June 2025 – Exness, one of the top global forex trading brokers, has acquired a significant property in Paphos, Cyprus, for €75 million, as reported by the Cyprus news outlet KNEWS. The newly acquired land spans approximately 200,000 square meters and was previously owned by the Bank of Cyprus Real Estate Management Unit (REMU). The land had originally been obtained through a debt-to-asset swap with the Leptos Group, linked to the stalled “Neapolis Smart EcoCity” project.

A Strategic Move for Exness Growth and Expansion

Exness, which is headquartered in Limassol, has been a major player in the forex trading platform space for years. Known for its impressive trading volumes, the company is a leader in offering online forex and CFD trading services to clients globally. Despite a challenging economic environment, Exness continues to expand, signaling its continued confidence in the future of its business operations.

The acquisition is seen as part of Exness‘ efforts to tackle the rising cost of real estate in Limassol, where both commercial and residential spaces have become increasingly scarce and expensive. With Limassol’s real estate market facing tight supply, Exness has opted for Paphos, located just 40 minutes from Limassol, to secure more space for its growing operations.

The land in Paphos offers Exness the opportunity to address its evolving needs, particularly with the limited availability of affordable office and residential space in Limassol. The companys staff, many of whom commute daily from various parts of Cyprus, including the capital city of Nicosia, will likely benefit from the convenience of a location closer to their homes.

Potential Plans for Exness Campus and Employee Housing

While Exness has not officially confirmed its future plans for the site, sources suggest that the company might use the Paphos property to build a new “Exness Campus.” This could serve as both an office space and a residential area for employees. The need for employee accommodation is a growing concern for Exness as the company continues to attract talent and expand its workforce.

Exness‘ plans may also involve creating a campus that fosters innovation, growth, and collaboration among employees. Such a campus would align with the company’s focus on developing cutting-edge forex trading platforms and strengthening its position as a leading forex trading broker in emerging markets.

Bank of Cyprus Real Estate Strategy

The Bank of Cyprus has also faced challenges in managing its extensive real estate portfolio. The deal with Exness marks one of the most significant transactions for the Bank‘s Real Estate Management Unit (REMU), which was established in 2016. The sale of the Paphos property is part of the bank’s broader efforts to restructure and streamline its real estate holdings. Notably, the Bank of Cyprus has seen a decline in its real estate portfolio value, dropping from €1.6 billion to €575 million in recent years.

A Growing Presence in the Cyprus Market

Exness has long had a strong presence in Cyprus, a key hub for forex trading and financial services. As the company continues to expand its footprint in Cyprus, this latest move reflects its commitment to growth in the region. While the companys trading services once focused on retail traders in Europe, it now sets its sights on emerging markets.

Exness is one of the largest forex trading brokers globally, known for its wide range of trading instruments, competitive pricing, and superior customer support. Its continued investment in real estate and operations across Cyprus signals confidence in both the regions economic potential and its own long-term growth.

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