Dutch property company Corio has acquired the Tekira shopping centre in Tekirdag, Turkey. The transaction price amounts to EUR 68 mln, reflecting a gross yield of 8.9%. The current occupancy rate of the centre, with a gross lettable area of 30,600 m2, is 94%, Corio said. The firm has managed the Tekira shopping centre since its opening in November 2008. This project was part of Corio's year-end 2008 committed fixed pipeline.
Dutch property company Corio has acquired the Tekira shopping centre in Tekirdag, Turkey. The transaction price amounts to EUR 68 mln, reflecting a gross yield of 8.9%. The current occupancy rate of the centre, with a gross lettable area of 30,600 m2, is 94%, Corio said. The firm has managed the Tekira shopping centre since its opening in November 2008. This project was part of Corio's year-end 2008 committed fixed pipeline.
