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April 14 (Reuters) - Sinpas Gayrimenkul Yatirim Ortakligi AS:
* Said on Thursday bought 98,966.52 square meters land in Beykoz, Istanbul
* Buys 96,754.77 square meters of the land for 128.9 million lira ($35.08 million)
* For the 2,211.75 square meters of the land , signs a construction agreement in return for land share with 40% of the land owner's share and 60% of company's share
* Current market value of the land has been calculated as 155.0 million lira by the valuation firm.
Source text for Eikon:
Further company coverage: ($1 = 3.6747 liras) (Gdynia Newsroom)