Corio, the Amsterdam and Paris listed property company, is to take stakes in two shopping centres under construction in Istanbul. The acquisitions fit into its strategy to build a critical mass in Turkey, one of its core markets, the company said. The first agreement involves Corio and Akis, a shareholder in another Istanbul mall, acquiring a 50% interest in the Esenyurt shopping centre on the European side of Istanbul for EUR 45 mln.
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