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Nurol Building gave the highest offer for the land of Yildiz Technic | Hurriyet/ 21.02.2011

Nurol Real Estate Investment Partnership – Nurol Build. and Com. Inc. joint venture gave the highest tender with 111.8 million liras to the land of Yildiz Technic University in Caglayan, Istanbul which is put up for sale with profit sharing method by The Mass Housing Administration. According to the information given by TOKI the final bid were received in the scope of arranged tender arranged for the sale of the land of YTU with the method of profit sharing. While 19 firms submit their bid in the first tender arranged on 13th January last week,15 firms attended to the second stage arranged yesterday. While 3 of them explained their withdrawing from the tender one gave letter of thanks. 11 firms submitted bid. The highest bid for the land was given by joint venture 111.8 million Liras as a recompense for Share of % 43 ad total receipt income valued 260 million Liras. Also on condition that the total receipt exceed 260 million Liras the firm will give %43 of exceed amount to the TOKI.

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