Cyprus’ shopping malls reported record-breaking performance in 2024, with December emerging as a standout month for both footfall and sales.
George Georgiou, general manager of Nicosia Mall, told local outlet Stockwatch that annual visitor numbers increased by 3 per cent compared to 2023, reaching nearly 5.7 million.
Preliminary data suggest an 8 per cent-10 per cent rise in turnover, expected to close at approximately €195 million excluding VAT.
Georgiou attributed
