John Christodoulou invests in two Knightsbridge properties as part of new London-based partnership

A chance meeting through John Christodoulou’s charitable foundation has led to an exciting London-based business venture shared 50/50 between the Monaco-based property developer and Greek pop icon Konstantinos Argiros.

The two men have gone into business together to purchase equal shares in two freehold properties on Beauchamp Place in Knightsbridge, London.

Christodoulou, a billionaire philanthropist and Goodwill Ambassador for the prestigious Monaco Ambassadors Club, and his new business partner made the announcement that they would be teaming up to buy the buildings, which are located close to the famed Harrods department store, on 23rd February. The partnership marks a departure from Christodoulou’s usual style of modus operandi ownership.

See more: Photos: John Christodoulou awarded Goodwill Ambassador 2022

The properties were acquired for an as-yet undisclosed sum, but it has been confirmed that the business partners now intend on redeveloping and renovating the properties for sale.

SHARED VISION

Although the pairing has come as a surprise to some, the men share other common goals outside of this shrewd investment. They also share a plan to work together more philanthropically, according to a statement released by Christodoulou’s company, the Yianis Group, “in the welfare and further development of communities”.

Christodoulou and Argiros first met in April 2023, when Argiros showed his support for the Yianis Christodoulou Foundation in a pan-Cyprian student competition called ‘Love Cyprus’.

The competition showcased the talents of children from 200 schools by promoting “the beauty and culture of Cyprus, through the creativity of these young people”. Prizes of €180,000 were donated to the eight winning schools.

*Left to right: Konstantinos Argiros, John Christodoulou and Prince Albert II. Photo courtesy of Yianis Group*

OTHER EVENTS

Christodoulou and Argiros have also participated in other events together, such as event in Limassol, Cypress last year that championed the environmental protection works being carried out by Prince Albert II and his eponymous foundation. There, a special honour was given to Prince Albert by Cypriot President Nikos Christodoulides.

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Photo courtesy of Yianis Group