Come invest in environs of giant Istanbul canal, Turkey tells Qatar
▻http://www.hurriyetdailynews.com/come-invest-in-environs-of-giant-istanbul-canal-turkey-tells-qata
Turkey has introduced a 4.6 million square meter parcel stock on the route of Canal Istanbul to Qataris as an opportunity for joint investment in developing real estate and other construction projects.
The meetings were made on Jan. 18 at the Expo Turkey 2018, a high-profile trade fair, which kicked off in Qatari capital Doha with the participation of more than 110 Turkish companies.
Top representatives from Emlak Konut, a key Turkish property developer, came together with their Qatari counterparts to discuss joint investment opportunities in the parcel stock over the route of Canal Istanbul.
Nearly 23,000 properties are planned to be built in the area.
“We made a presentation about the area and investment opportunities for Qatari investors,” said Emlak Konut chair Ertan Yetim.
“We have invited them to jointly invest in the area on the revenue-sharing model,” he added.
Sources close to the matter told daily Hürriyet the Qatari investor group with which Emlak Konut had come together with was Qatari Diar, which already has property investments in Istanbul.