Emlak Konut canceled Florya and Riva projects

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Emlak Konut canceled Florya and Riva projects

Real Estate Investment Company Emlak Konut announced the termination of protocols signed in 2016 with Galatasaray Sports Club Association.

Real Estate Investment Trust (REIT) announced that it had canceled the protocols signed with Galatasaray Sports Club Association in 2016, in order to develop projects in Beykoz and Florya.

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In the statement published by the real estate investment company Emlak Konut (GYO) on the Public Disclosure Platform:

“Protocols signed between Galatasaray Sports Club Association and our company in 2016, in order to develop a real estate projects on the real estate in the Riva-Beykoz and the Şenlik- Bakırköy (Florya) owned by Galatasaray Sports Association, have been terminated.”

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