Multi Corporation has taken full ownership of Multi Turkmall in Turkey by giving its former joint venture partner Turkmall shares in Multi Corporation and an undisclosed cash amount. The joint venture has opened its first shopping centre Forum Bornova in Izmir and there are currently ten shopping centres and mixed-use projects under way. The projects, totalling 1.1 million m[sup]2[/sup] are in Istanbul, Mersin, Trabzon, Ankara, Antalya, Çamlik, Aydin, Kayseri and Diyarbakir. There is another 500,000 m[sup]2[/sup] of projects in the pipeline.
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