Is Gayrimenkul New Project Estimated to Cost 117 Million Liras

Is Gayrimenkul Yatirim Ortakligi AS (ISGYO), a Turkish real estate investment trust, will develop a housing project in Istanbul at an estimated cost of 117 million liras ($67 million).

Is Gayrimenkul will get bids for 476 housing units it plans to build in Istanbul’s Tuzla district in a pre-sale process, the company said in a statement to the Istanbul Stock Exchange today.

To contact the editor responsible for this story: Aydan Eksin at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.