German company picks Turkey for investment in shopping malls and housing

Dunya – German investment company Prime Development considered Turkey as the most suitable country for investment and entered the country in order to make an investment in the shopping mall and housing sector at a total cost of USD 1.5 billion. The company pushed the button with PrimeMall shopping malls in Iskenderun and Antakya. Dr. Philipp von Wilmowsky, partner and manager of Prime Development, said Turkey has the greatest potential for investment amongst the European countries, that it is also very attractive in regard to long-term investments, noting they also considered making a long-term investment in the realty business.