TSKB Real Estate Unit Gets Permit to Build Hotel in South Turkey

TSKB Gayrimenkul Yatirim Ortakligi AS (TSGYO), a real estate company owned by investment bank Turkiye Sinai Kalkinma Bankasi AS (TSKB), got a permit to build a hotel in Seyhan district in the Mediterranean city of Adana.

TSKB GYO, as the company is known, plans a five-star hotel with about 200 rooms, it said in a statement to the Istanbul Stock Exchange today.

To contact the editor responsible for this story: Aydan Eksin at aeksin@bloomberg.net

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