WiRE Index

WiRE Index: Q3 2021

WiRE FS, a company that combines real estate expertise with the use of technology, published the updated version of WiRE Index, for the third quarter of 2021. Key observations: Sale values drop for most property types in Q3 2021, except for apartments. Rental values decreased for retail properties, warehouses, and offices. Paphos is the most …

WiRE Index: Q3 2021 Read More »

WiRE Index: Q2 2021

WiRE FS, a company that combines real estate expertise with the use of technology, published the updated version of WiRE Index, for the second quarter of 2021. Key observations:• Quarter on quarter drops in rents across all property categories were recorded, except for apartments.• Retail properties seem to have been significantly affected by Covid-19 as …

WiRE Index: Q2 2021 Read More »

WiRE Index Methodology

The WiRE Price and Rental index is based on hypothetical properties. This addresses the lack of homogeneity of Cyprus real estate product, thin trading, and inherent lag in price recording. Hypothetical property assessed is assumed to be a high-quality building in the best location in the specific geography. Covers four main sectors – office, retail, …

WiRE Index Methodology Read More »

WiRE Index: Q1 2021

The aggregate data of the WiRE Price and Rental index can be freely used; we suggest you review the methodology on which the index is based upon prior to carrying out any analysis. The data provided can be used mainly to indicate market trends, rather than assess the value and dynamics of specific properties or …

WiRE Index: Q1 2021 Read More »