Wednesday, March 21, 2007

Istanbul land sale expected to raise $1.0 billion

"Istanbul land sale expected to raise $1.0 billion
At least 19 companies have applied for the tender documents for the land sale.

ISTANBUL - Istanbul Metropolitan Mayor Kadir Topbas said they were expecting to raise more than $1.0 billion from Wednesday’s sale of a bloc of land owned by the Istanbul Transportation Authority (IETT).

The 46,000 square metre parcel of land, located in Istanbul’s Levent"

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