Cyprus-based alternative investment fund Cyreit has announced the sale of Irida Tower, a multi-storey commercial building in Larnaca.

The fund, a subsidiary of Prodea Investments, said that it is offering the 52-metre-high property to potential buyers.

The announcement mentioned that “Irida Tower is one of Larnaca’s most recognised commercial buildings”, primarily housing office spaces.

It added that “it is the second-tallest commercial building in the city and among the tallest office buildings in Cyprus”.

The 14-storey oval-shaped building, constructed in 2012, includes 253 private parking spaces and six lifts.

Office units feature concealed air conditioning systems, raised floors, and high-quality finishes.

The property, which has a total covered area of 8,905 square metres on a 2,634-square-metre plot, is located on Spyrou Kyprianou Avenue in the Chrysopolitissa area.