Terms Extended for Foreign Members of Property Commission

The terms of the two non-Cypriot members of the Immovable Property Commission (IPC) were extended. Swedish professor Daniel Tarschys, a political science expert from Stockholm University who has been with the IPC since 2006, and French lawyer Christina Kruger, a member since 2021, have both had their contracts renewed.

By law, two of the seven IPC members must be non-Cypriots and also must not come from any of the three guarantor countries—Greece, Turkey, or the United Kingdom.

The IPC, set up in 2005, deals with property claims in the north from Greek Cypriot refugees and their descendants, aiming to offer compensation, restitution, or land swaps for properties. As of October 25, 7,800 claims have been filed, with 1,869 cases resolved. So far, the IPC has awarded a total of £482,971,921 (around €580.6 million) in compensation. Additionally, it has ruled in a few cases for property restitution or for a combination of restitution and compensation.

One of the IPC's recent notable cases involved Ruby Rock Hotels Ltd, a company part of the well-known Xenides-Arestis group. Although the company initially brought its case to the European Court of Human Rights (ECtHR), it eventually reached a settlement through the IPC for £10.5 million (€12.4 million).

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