Corio acquires Turkish mall for EUR 68m

By A staff reporter 2009-04-08T00:00:00

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 ...

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