Ziraat Actual Property Funding Belief (REIT) Ziraat Bankası A.Ş. and Demirören Medya Yatırımları Ticaret A.Ş. introduced the signing of a cooperation protocol on actual property switch and challenge improvement between Based on the assertion made by Ziraat REIT to the Public Disclosure Platform, Ziraat Financial institution and Demirören Medya Yatirimları Ticaret A. Inc. A cooperation protocol on actual property switch and challenge improvement was signed on 28 October.
Within the assertion, it was acknowledged that as of the signature date of the protocol, the date on which the possession of the immovables topic to the challenge shall be transferred to the corporate has not been decided but.
It has been acknowledged that the developments shall be introduced to the general public following the switch of the immovables over the worth to be decided by bearing in mind the worth to be decided by the appraisal report back to be issued with the situations specified within the protocol.
A PROJECT WILL BE DONE TO THE MEDIA BUILDING
Demirören Group, which transferred a few of its property with a purpose to buy Doğan Media subsidiaries in 2018 as a result of it used a mortgage from Ziraat Financial institution and didn’t pay its money owed, thus transferred the 30-year-old media constructing in Bağcılar to Ziraat Gayrimenkul Yatırım Ortaklığı with a protocol yesterday. The media constructing, which hosts Kanal D, Hürriyet and Milliyet, was transferred to Ziraat GYO to develop the challenge. In 2012, the Hürriyet model was moved to the constructing in query, the final of which was bought in İkitelli.
BUILDING WAS evacuated in 2020
One of many first house homeowners of the constructing was Milliyet Newspaper. The newspaper continued its publishing actions on August 23, 1993 on the Doğan Media Middle because it was then recognized. The constructing, which was in-built 1992, began to host Kanal D in 2004. Within the interval when the pandemic unfold with the coronavirus in 2020, Demirören Group emptied the constructing, despatched a lot of the workers within the print media to their properties quickly within the first place, and eventually emptied the ‘media heart’ bought from the Doğan Group by asserting the transition to the primarily based distant working system.
MEDIA BUILDING AFTER GÖKTÜRK
Demirören Holding had additionally mortgaged the lands on which golf programs are positioned in Kemerburgaz in return for the loans it obtained from Ziraat Financial institution with a purpose to buy Doğan Media Group in 2018. Since Demirören Group didn’t pay its mortgage debt, the mortgaged lands had been transferred to Ziraat Financial institution. The stress between the residents of the area and the challenge homeowners for some time reached its peak yesterday. As a result of, it’s acknowledged that Emlak Konut GYO will construct 650 impartial sections, together with residences and villas, on an space of 224 thousand 381 sq. meters within the disputed area. When the challenge, whose parcel is owned by Ziraat Financial institution, is accomplished, a inhabitants of two,400 individuals is predicted to stay within the space. Demirören Group introduced that it signed a protocol with Ziraat Financial institution for the media constructing in Istanbul Bağcılar, which it purchased from Doğan Group yesterday.
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