Posted on 14 February 2011
2 billion euro for Turkish real estate investment
Germany’s DIK (Deutsche Infrastruktur Kapital), one of the world’s four largest companies in the infrastructure sector, entered the Turkish real estate sector by forming a partnership with the Turkish company Timur Gayrimenkul.
In the press conference held by the partners, DIK Business Development Executive Selim Kuzu said DIK will be investing EUR 2 billion in real estate projects in Turkey over the next five years. “DIK has been investing in Turkey for the last three years mainly in port facilities and shipyards. “The shipyard we are building in Tuzla is scheduled to get operational in 2022” he added.
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