6/22/2010

Multi Development Chairman: Turkey is the preferred country for our investments

 

Aksam - The Netherlands-based property and retail space developer Multi Development, which has 192 projects in 14 countries, including 40 shopping centers, is planning to carry out a EUR 1.2 billion project in Turkey in three years. Hans van Veggel, Multi Development Chairman, stated that they have ten shopping centers in Turkey - of which eight are active and two are under construction- under the “Forum” brand, and added that Multi has recognized Turkey’s potential and plans to grow in the country accordingly.

 

Van Veggel placed Turkey as the second most profitable market after Germany, adding that he himself, as a private investor, has also decided to invest in the country and is now planning to build a golf course and a residence complex in Bodrum on the Aegean coast, at an investment cost of EUR 150 million.

Turkey; Bodrum; Mugla; multi development; shopping center; real estate; retail investment; Hans van Veggel

ENGLISH