Land Owner: Kiler REIC
Contractors: İhlas Marmara Houses JV
Contract Type: Revenue Sharing and Flat for Land
Land Area: 35.337,46 sqm
Total Sale/Rent Area: 122.000 sqm
Starting Date: 2018
Completion Date: 2020
Status: Construction works and sales continue.
Flat for land and Revenue Sharing basis agreement is signed with İhlas Marmara Evleri 4 JV on 03 May 2017 which defines Land Owner share as 43%. Building permits are completed by Constructor on 29 September 2017 for the purpose of developing mixed use project that includes Residential and commercial units. Project duration is determined as 40 months starting from signature date. Construction and sale&marketing processes continue.