Nurol Real-Estate Investment Trust Co. (Nurol Gayrimenkul Yatırım Ortaklığı A.Ş.) declared that a building license was obtained for Nurol Tower planned to be built in Mecidiyeköy. Nurol Real-Estate’s statement published on Public Disclosure Platform (KAP) indicated that the building license was obtained and construction work commenced on 4 November 2011 for the designed building on a designated land of three parcels on Land Section 9773 at Şişli Mecidiyeköy Street, already in the possession of the company. The statement went on to note that the details regarding the Nurol Tower project, as well as the commencement date of sales and marketing, will be announced to the public with a meeting to be held soon.