3/5/2008

Redevco to invest 200 mln euro in Turkish city of Manisa

Turkish Daily News - Redevco, a Dutch real estate development firm, is preparing to construct a shopping center with an investment in Manisa, western Turkey. Patrick Van Dooyeweert, Turkey CEO of Redevco said at a press conference that they planned to increase the portfolio of the firm in big cities. Dooyeweert noted that the investment to be made in Manisa by Redevco, which operates in 20 European countries, will be worth 200 million euro. The shopping center will be constructed on an area of 90,000 square meters, 54,000 square meters of which will be allocated to covered rental space.