Redevco to Build a New Shopping Center in Manisa PDF Print E-mail
Thursday, 06 March 2008 21:55
Redevco, a Dutch real estate development firm, is preparing to construct a shopping center with an investment of 200 million euro ($304 million) in Manisa, western Turkey.

Patrick Van Dooyeweert, Turkey CEO of Redevco said at a press conference that they planned to increase the portfolio of the firm in big cities. Dooyeweert, who noted that the investment to be made in Manisa by Redevco, which operates in 20 European countries, will be worth 200 million euro, also said “Redevco aims to create added value for the society and economy in every city it invests in. For this reason, the firm is selective to implement environment-friendly projects.”

Muharrem Polat, Turkey Construction and Land development director of Redevco, said they agreed on the last quarter of 2009 as the opening date of the shopping center in Manisa, which they see as the most developed city in the industry arena. “Manisa shopping center, as the first shopping center in the district, will form a new shopping area and social environment for those living in both Manisa and surrounding cities. “We will employ around 1,000 people with this investment,” added Polat, noting that the structure will be located in the mostly populated district on Istanbul-İzmir highway. The shopping center will be constructed on an area of 90,000 square meters, 54,000 square meters of which will be allocated to covered rental space.  

 

Source: TDN
 
 

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