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Dubai’s largest real estate company to invest again

Posted on 20 July 2012

Istanbul, 13 July 2012 – Emaar, Dubai’s biggest real-estate company, has purchased 430 million USD of land in the Camlica district of Istanbul. This is Emaar’s second major investment in Turkey. The company is to build a 145,000 m2 shopping mall and business centre together with 1,000 houses. The complex is expected to create employment for 5,000 people when completed and be the size of a small town of 15,000 people. Source: Invest in Turkey

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