Multi Turkmall to invest EUR 10 billion in 25 new shopping centres
30 June 2008
The Istanbul-based Multi Turkmall real estate development company, part of Dutch Multi Corporation, plans to invest EUR 10 billion, within 10 years, in 25 new forum shopping centres in Turkey, the company said. ''We have so far realized EUR 3.5 billion in investments in Turkey and we aim to invest another EUR 1 billion in 2008,'' said Multi Turkmall's CEO Levent Eyuboglu.
The company will begin construction works for the Forum Gaziantep Shopping and Life Centre on July 3, and the centre will begin to operate in 2009, Eyuboglu said .
The forum, which stands on 44,000 square meters of land, was designed as a three-storey shopping and amusement centre and will provide employment opportunities for 1,500 people, Eyuboglu added.