Turkey imports most of the gas it consumes from Russia, as well as from Qatar and Azerbaijan.

The total transaction consideration amounts to approximately €120m, while the total investment budget of the development is expected to reach €500m.

The sale price is €6.5 mil. while the fair value of this property as at 30.06.2023 was €4.1 mil.

Brookfield-backed Data4 will invest around €300 million in the country.

In September 2023 in the tender carried out by HRADF declared GEK TERNA as the Preferred Investor with an offer of 3,27 billion euros.

They mark their expansion into new areas of activity

The purchase will be financed by funds raised from the share capital increase completed by the Company in January 2024 as well as by bank debt.

Israeli billionaire Teddy Sagi's famous LABS Tower in Trastor's portfolio.

Empira Group plans to comprehensively modernise these buildings and modify them to meet current energy-efficiency requirements.

The biggest expansion in more than a decade.