The asset is a commercial mixed use building named ''Lapithio Tower'' located in a prime commercial area along Georgiou Griva Digeni Avenue, in Trypiotis Quarter, Municipality of Nicosia. It is 250m south from the Ministry of Domestic and 550m north west from the Affairs and Press and Information Office. The building has a total covered area of 2.518sqm and is built on a land plot of 714sqm. It consists of eight levels: 2 basements (987sqm), ground floor (198sqm) with mezzanine (130sqm), 1st floor (215sqm), 2nd floor (201sqm), 3rd floor (201sqm), 4th floor (201sqm), 5th floor (201sqm) and 6th floor (184sqm). The building was constructed in 1998 with good quality materials. Internally the offices have laminate floors, separating walls made of glass panels and structured cabling with raised flooring. The wider area comprises mostly of similar mixed use developments of offices and shops.