A holding company is a company that owns other companies' outstanding stock. A holding company usually does not produce goods or services itself; rather, its purpose is to own shares of other companies to form a corporate group. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies.
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction, although many developers also manage the construction process. Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control, and orchestrate the process of development from the beginning to end.
Construction is the process of constructing a building or infrastructure. Construction differs from manufacturing in that manufacturing typically involves mass production of similar items without a designated purchaser, while construction typically takes place on location for a known client. Construction as an industry comprises six to nine percent of the gross domestic product of developed countries. Construction starts with planning, design, and financing; it continues until the project is built and ready for use. Large-scale construction requires collaboration across multiple disciplines.
The HONIC FAMILY COMPANY was created in 1992 with core activity in real estate construction and project development. The first projects were completed in Turkey. Subsequently, we started to develop projects in Austria, UAE, Kuwait and Saudi Arabia. Since 2016, Cyprus has been a focal point of our business and the headquarters of the Honex Group.
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Arch. Makariou III, 232,
Apollon Court, office 204,
Tel: +357 25 58 44 88
Mobile : +971 56 16 10 958
Mobile : +357 964 20 671
Mobile : +43 699 1813 1712
To apply for a job position with Honex Group, please send a cover letter together with your C.V. to: