Brief: Halk REIT Says It Makes Payment In Relation To Agreement Worth 346.4 Mln Lira With Dog-Yap And Novi For 50% Of Project In Istanbul

Halk Gayrimenkul Yatirim Ortakligi

26/05/2025 16:34

May 26 (Reuters) - HALK GAYRİMENKUL YATIRIM ORTAKLIĞI HLGYO.IS:

SAYS, IT MADE PURCHASE PRICE PAYMENT AFTER HYPOTHECS ESTABLISHED

PAYMENT IS IN RELATION TO AGREEMENT ANNOUNCED ON MAY 15TH, WORTH 346.4 MLN LIRA + VAT TO PURCHASE SHARES IN URBAN TRANSFORMATION PROJECT IN ISTANBUL

25% OF SHARES PURCHASED FROM DOG-YAP, 25% OF SHARES PURCHASED FROM NOVI PROJE

HALK REIT TO PARTICIPATE IN HALK GYO-NOVI-DOG YAP ORDINARY JOINT VENTURE WITH 50% SHARES

 Source text for Workspace: nIKA761wcg
 Further company coverage: HLGYO.IS

 (Gdansk Newsroom)

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