“Revenue Sharing Agreement Against Land Sale” has been signed between Housing Development Administration of Turkey (TOKİ) and Nurol GYO- Nurol Construction and Trading Company Inc. offering the highest bid in the tender held in April 20th for the land in Cağlayan, İstanbul. For the land of 6 thousand 842 square m², Nurol GYO offered to TOKİ share as TRY 111 million 800 thousand TOKİ share against the land upon total sales revenue of TRY 260 million. According to the statement, a land of about 50 thousand square m² buildable and
33 thousand square m² sellable and rentable areas will emerge.