Brief: Emlak Konut REIT Says It Signs A Revenue-Sharing Protocol To Manage Project Development, Tender, And Sales Processes
01/09/2025 06:44
Sept 1 (Reuters) - EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI EKGYO.IS: SAID ON FRIDAY SIGNS A REVENUE-SHARING PROTOCOL TO MANAGE PROJECT DEVELOPMENT, TENDER, AND SALES PROCESSES FOR 559,434.34 M² LAND PARCELS OWNED BY TOKI IN EYÜPSULTAN KEMERBURGAZ, ISTANBUL UNDER THIS PROTOCOL, 80% OF THE NET REVENUE GENERATED FROM THE PROJECT WILL BELONG TO TOKI, WHILE 20% WILL BE ALLOCATED TO EMLAK KONUT REIT Source text for Workspace: nIKA1LWsjM Further company coverage: EKGYO.IS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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