About us

L&W Development Company Limited is a closed capital fund, established in 2007.

Its goal is to finance and support the development of major real estate projects in CEE and Russia. 

L&W Development Company delivers exceptional projects, shaping the neighborhood and assuring the highest value for all users, investors, and business partners.

The portfolio includes office projects, retail parks, mixed-use complexes, lifestyle centers, outlet centers and residential developments, all characterized by high architectural value and innovativeness and/or revitalization of historical urban gems. Many of them have won national and international awards.

Contact

L&W Development
Company Limited
Perikleous 60,
CY-2021 Strovolos
Cyprus
tel. +357.22.74.26.49
e-mail: info@lw-dc.com

Management Board

Julie Aristodemou

Director L&W Development Company Limited

Representing, leading and managing the Nicosia office and the Cypriot subsidiaries of the Group.

Holder of a Bachelor of Science- Summa Cum Laude- Majoring in Accounting, a Certified Public Accountant and a Member of the Institute of Certified Public Accountants of Cyprus since 1998.

With more than 27 years of experience in the accounting, International Financial Reporting Standards, company administration and banking, secretarial work, payroll, direct and indirect tax and the International Business Services, Julie Aristodemou is supervising and managing the Cyprus Office and all the projects assigned to it, making sure that all of them are promptly effectively and efficiently completed and delivered and that all the goals are successfully met.

Georgios Loizou

Director

George was a partner at PwC from 1995 and worked with many local and international clients in Cyprus and abroad (mainly Greece, Switzerland, the United Arab Emirates and the United Kingdom).

During his professional career he also served as Markets and Industries Leader for the firm, Human Capital Leader, the partner responsible for business development initiatives, and the partner responsible for introducing PwC’s purpose and new values.

He was awarded the Diploma for Professional Coaches/Mentors in 2019 and is a member of EMCC. After 30 years of professional experience with PwC Cyprus, George retired from PwC in June 2019 as Chairman of Governance and Oversight Board.

Kyriakos Kouppas

Director

Kyriakos Kouppas is a holder of a Bachelor of Science in Chemical Engineering from the City University of New York. He is a member of Omega Chi Epsilon and the American Institute of Chemical Engineers, and he was awarded the City College Engineering Alumni Award in Chemical Engineering for 1983.

For years, he was associated with ExxonMobil, where he was responsible for coordination and implementation of programs and projects in Europe and Africa (Germany, Italy, Norway, UK, Nigeria, Cyprus, Egypt). As a director of ExxonMobil Cyprus Ltd until September 2020, he effectively managed the team to deliver excellence in execution of the customer offer and flawless operations, resulting in optimal business growth.

His many years of experience and knowledge in the areas of management, effective implementation of strategies, leadership of multicultural teams, and implementation of budgetary goals, add value to L&W Development Company Limited.

Julie Pashialountas

Senior Accountant and Secretary of L&W Development Company Limited and the Cypriot subsidiaries of the Group

Holder of a Bachelor of Business Administration- Summa Cum Laude- Majoring in Banking and Finance, and currently studying to become a Qualified Accountant and a member of the Association of Chartered Certified Accountants and Institute of Certified Public Accountants of Cyprus.

With more than 15 years of experience in the accounting, International Financial Reporting Standards, company administration, banking, secretarial work, payroll, and the International Business Services, Julie Pashialountas is dealing with the accounting processing and the financial statement preparation of the Cypriot Companies of the Group, tax compliance, payroll, banking, the secretarial work of the Group and the daily administration of the Nicosia office.

Our projects

Poland

Centrum Praskie Koneser

An icon of modern placemaking in Poland and an example of a world-class revitalization. On the five-hectare post-industrial site of a 19th-century vodka distillery, the first lifestyle centre of the Polish capital integrates as many as 10 different functions. The most award-winning real estate project in Poland.

Plac Unii

Office/retail complex in the centre of Warsaw. The modern mall Plac Unii City Shopping is an integral part of the complex designed by the renowned studio APA Kuryłowicz & Associates. One of the most attractive business addresses in Warsaw.

Drucianka Campus

The first talent campus of its type in Poland. Located in a former wire factory, in a historic part of Warsaw’s Praga district, the campus will deliver an authentic site for a unique working experience.

Romania

Fashion House Outlet Centre Pallady

An open-air Outlet Center. Carefully designed to offer a pleasant and comfortable look and feel, to maximize a unique shopping experience. Discounts from 30% to 90% on every product, every day.

Liziera de Lac

The most ambitious residential development in Bucharest. Designed to be a nest for 4,400 families, a unique universe with a lot of nature, such as lakes and forests, as well as avant-garde urban facilities, all just 15 minutes away from the Bucharest city outskirts.

Cernica retail and leisure park

Cernica Park is a retail park located East of the outskirts of Bucharest, alongside A2 highway (Bucharest – Constanta), boasting high visibility and a private exit to the highway. Due to its size, tenant mix and accessible location, Cernica Park is bound to become an international shopping destination.

Russia

Fashion House Outlet Centre Moscow

The first fully covered facility of this type in Russia. The elegant interior, together with a red-carpet zone (dedicated to premium and luxury brands), takes customers to the shopping streets of the largest European cities, guaranteeing an unforgettable shopping experience. Discounts from 30% to 90% on every product, every day.

Fashion House Outlet Centre St Petersburg

The second Fashion House outlet centre in Russia. Its unique character is underlined by an architectural concept embracing the city’s cultural heritage together with a new “Window to Europe” interior design. Discounts from 30% to 90% on every product, every day.

Milestones

2020

BREEAM Interim certificate (“excellent level”) issued for Monopol

Addressing the challenges arising from the COVID-19 situation in all of our properties. Priority – health and safety!

2019

Koneser – the most awarded mixed-use investment in Poland

Grand opening of FASHION HOUSE Outlet Centre St. Petersburg

Construction of FASHION HOUSE Outlet Centre Pallady commences

First edition of Koneser Summer

Moxy Hotel Praga opens in Centrum Praskie Koneser

2018

Grand opening of Koneser Square

First edition of Koneser Warsaw Festival

First Polish Vodka Museum in the world opens in Centrum Praskie Koneser

Construction of FASHION HOUSE Outlet Centre St Petersburg commences

2017

BREEAM Intermin certification (“excellent”) issued for Centrum Praskie Koneser

“Koneser Square” approved by Warsaw City Council

2016

FASHION HOUSE Outlet Centre Moscow phase II opens

FASHION HOUSE Online Shopping in Russia launches

2015

Construction of the commercial part of Koneser commences

First Google Campus in the CEE region opens in Centrum Praskie Koneser

2014

Plac Unii sold

2013

Joint venture with BBI Development SA (Centrum Praskie Koneser)

Plac Unii, opens

BREEAM Interim certificate (“good”) issued for FASHION HOUSE Outlet Centre Moscow

FASHION HOUSE Outlet Centre Moscow (phase 1) opens

2012

BREEAM certificate (“very good”) issued for Plac Unii

2010

Joint venture with BBI Development SA (Plac Unii)

Construction of Plac Unii, office and retail complex, in Warsaw commences

2009

FASHION HOUSE Group’s operations in Russia Market commence

2007
L&W Development Company Limited is established as a Closed Capital Fund.

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