January 11, 2018 / 6:24 AM / 5 months ago

BRIEF-Emlak Konut REIT Signs Ankara Cankaya Oran Revenue Sharing Model Project In Return For Land Sale Deal

Jan 11 (Reuters) - EMLAK KONUT REIT:

* SIGNS ANKARA CANKAYA ORAN REVENUE SHARING MODEL PROJECT IN RETURN FOR LAND SALE DEAL WITH YP INSAAT ON JAN. 10‍​

* ESTIMATED TOTAL SALES REVENUE WORTH 156.0 MILLION LIRA FOR AGREEMENT

* COMPANY’S SHARE IN TOTAL REVENUE WORTH 46.8 MILLION LIRA AND COMPANY REVENUE SHARE RATIO IS 30 PERCENT Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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