Brightstar Group reacquires Sirius Property Finance
Sirius Property Finance has announced it will once again be a wholly owned subsidiary of Brightstar Financial after the firm reacquired its shareholding from co-founder Nicholas Christofi.
Nicholas Christofi, who was a co-founder of the business and managing director for 3 years, will leave the buisiness alongside minority shareholder Leoni Alexandrou. Christofi and Alexandrou will be starting a new real estate debt advisory business called Karis Capital as part of a pre-planned agreement.
The new management team is already in place at Sirius and further details will be confirmed in due course.
Rob Jupp, Group CEO of The Brightstar Group added:
“I would like to express my thanks to Nick, Leoni and the team members who leave Sirius to join in Nick’s next business venture for all their efforts since joining the business. We are proud of the entire team at Sirius Property Finance and look forward to seeing the growth and success of the business continue over the months and years ahead.”
Nicholas Christofi, outgoing MD of Sirius Property Finance added:
“I would like to thank Rob and the team for all their combined efforts in supporting the success and development of Sirius since I first joined back in 2016. I am looking forward to beginning an exciting new venture outside of the Brightstar Group.”
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