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Friday, November 17, 2006

Giant Turkish Shopping Center Landed by St. Martin's Property

"Giant Turkish Shopping Center Landed by St. Martin's Property
November 16, 2006
By Marshall Taylor, European Correspondent

St. Martins Property now has acquired 100 percent of the 420,000-square-meter Cevahir Shopping Centre in Istanbul, perhaps the largest in Europe, from the Cevahir family and the Municipality of Istanbul. The price was not disclosed. The center (pictured), which opened in late 2005, includes 320 retail and restaurant units as well as a 14-sceen cinema and a Disney theme area."

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