Friday, December 19, 2008

Multi Corporation closes €4.3 billion Turkey retail fund (TR)

"Multi Corporation closes €4.3 billion Turkey retail fund (TR)
Thursday 18 December 2008
Multi Corporation, Europe’s largest retail developer, today announced that it has closed on a new Turkish retail property fund. The Multi Retail Turkey fund (“the Fund”) is a real estate development platform that consists of 21 completed, under construction or planned shopping centers throughout Turkey with a projected real estate value upon completion of €4.3 billion that will be financed through a combination of Fund equity and bank facilities."

More:Multi Corporation closes €4.3 billion Turkey retail fund (TR)