Dutch property group Corio has acquired Iskenderun, a 55,000 m[sup]2[/sup] shopping centre project located in the Southern Turkish city of Iskenderun-Hatay. The shopping mall, which is being developed by construction firms Yayla Group and Kalyoncu, was bought for EUR 116mln, reflecting a net initial yield of 8%. In a statement, Corio said the deal is in line with its strategy to further strengthen its position in Turkey, where it already owns nine shopping malls.
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