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Turkish conglomerate eyes GCC investment

Melanie Mingas by Melanie Mingas
August 5, 2015
in BusinessToday, Construction, Real Estate
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Turkish conglomerate eyes GCC investment
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Turkish industrial conglomerate Nurol Holding, is inviting GCC investors to commit to its properties in Istanbul, Turkey.

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Present as Nurol Construction and Trading Company in the GCC since 2003 – one of 40 subsidiary and affiliate companies – the division has completed $1bn of projects regionally, including Khalidiya Palace Rotana Hotel and Residences Project and Causeway Bridge Connecting Abu Dhabi and Al Reem Islands.

It’s latest drive for investments would see GCC money supporting ambitious plans in the firm’s native Turkey.

Nurol’s portfolio includes diverse projects in various cities across Turkey, such as Nurol Plaza, which is deemed the “finance and business centre” of Istanbul; Nurol Residence; Karum Business and Shopping Centre, a major attraction centre; and the OASIS Shopping, Culture and Entertainment hub.

Celebrating its 50th anniversary this year, Nurol Holding is active in construction, defense manufacturing, energy, and tourism industries.

 

Tags: constructioDevelopmentIstanbulNurolReal estateTurkey
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Melanie Mingas

Melanie Mingas

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