ICBC Bank Acquires Istanbul Tower 205 for 595 Million Dollars

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ICBC Bank Acquires Istanbul Tower 205 for 595 Million Dollars

Turkey Branch of  ICBC Bank, one of the world’s most important brands, has bought Istanbul Tower 205.

Istanbul 205 Tower, which is located on Buyukdere Street, is among the tallest buildings in Istanbul.

the biggest brand in the world, bought Istanbul Tower 205 for 594 million dollars.


ICBC operated in 42 countries and has a total of 17 thousand branches in these countries. However, ICBC is one of the largest brands in the world.

It has been ranked as the world’s largest bank in the past three years with 496 million personal customers and 5 million corporate customers.

ICBC Bank in Turkey has bought Istanbul Tower 205 to be active in Turkey, and the amount of the transaction reached 594 million dollars.

Istanbul Tower 205

Zincir Yapı A.Ş, in partnership with Yeşil GYO, has constructed the Istanbul Tower 205 in Buyukdere Street, Zincirlikuyu with a construction area of ​​235 thousand square meters.

ICBC Turkey made a statement about this deal on the Public Disclosure Platform:

“We have received inquiries from our investors regarding the Istanbul Tower 205 deal.

To prevent conflicting news, we made an offer to Zincir Yapı A.Ş. to buy Istanbul Tower 205 for 550 million dollars + VAT. Zincir Yapı A.Ş. and the landowners have accepted this offer.”

Edit by: Realty Group


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