Auction For IETT Bus Terminal Plot Ends - Sama Dubai Wins Auction For 832 Mln Usd

ISTANBUL - Sama Dubai has offered 705 million USD (1 USD=1.40 YTL) plus 18 percent value added tax and won the public auction for the Istanbul Electricity, Tunnel & Trolley Authority`s (IETT) bus terminal plot of 46,241 square meters in Levent district of Istanbul.
Zorlu Gayrimenkul and Sama Dubai were the last two companies in the auction after withdrawal of Fiba-Nurol Gayrimenkul.
Sama Dubai made the highest offer with 705 million USD plus 18 percent VAT (832 million USD in total) and became the new owner of the plot.