Sedes buys office in Istanbul's CBD

By A staff reporter 2009-04-21T00:00:00

Yapi Kredi Koray REIT, advised by Savills and DTZ, has sold the freehold interest in Yapi Kredi Plaza office property in Istanbul's Central Business District Levent to Turkish group Sedes Holding for EUR 12 mln. The deal reflects a net initial yield of 7.75%.

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