The Turkish government could raise as much as $1 bn (EUR 761 mln) through the sale of 95,000 m[sup]2[/sup] build-on land in Istanbul's Levent district. Possible buyers include Turkish firms Zorlu Group and Global Yatirim, as well as Israeli tycoon Sami Ofer, Italian news agency Ansa reported. Dubai's Emir Mohammed bin Rahid al-Maktoum is also said to be interested in the tender. The plan for the property involves the development of a 105-metre tower, a shopping mall, as well as a hotel and a convention centre.
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