Corio has broken a record with $1 billion

Hurriyet – Cario, a Holland-based company which has launched an investment of €50 million for a shopping center in Tarsus following its previous investments in Iskenderun, now intends to make its new investments in Istanbul and Antalya. Koray Ozgul, CEO of Cario Turkey which made an investment of $1 billion in Turkey in two years time, said, "Prices will fall and many shopping centers will have bankrupt. Such shopping centers may be acquired and rehabilitated. Our investments in Turkey may double or triple."