Istanbul land sale brings $1bn into Turkish pockets

By A staff reporter 2007-02-28T00:00:00

Turkey's government may raise $1bn through the sale of a 96,500 m[sup]2[/sup] plot of land in Istanbul's upmarket district of Levent, Turkish newspaper Vatan has reported. Turkey's Zorlu Group and Global Yatirim Holding, in partnership with Israeli entrepreneur Sami Ofer, are said to be among the bidders for the land, ...

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