PropertyEU

Corio acquires new shopping centre project in Turkey

By A staff reporter 2008-07-09T00:00:00

Dutch property group Corio has acquired Iskenderun, a 55,000 m[sup]2[/sup] shopping centre project located in the Southern Turkish city of Iskenderun-Hatay. The shopping mall, which is being developed by construction firms Yayla Group and Kalyoncu, was bought for EUR 116mln, reflecting a net initial yield of 8%. In a statement, ...

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