Sinpas Reit Aims for $3.3 Billion of Sales in 2017, Sabah Says

Sinpas Gayrimenkul Yatirim Ortakligi AS (SNGYO), a Turkish real-estate investment trust, plans to have sales of 6 billion liras ($3.3 billion) in 2017, Sabah reported, citing Chairman Omer Faruk Celik.

The Istanbul-based company also aims to obtain 2.2 billion liras in profit by the same date, the newspaper added.

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To contact the reporter on this story: Ercan Ersoy in Istanbul eersoy@bloomberg.net.

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