‘National Bank of Greece’ has made the most expensive purchase in Turkey

‘National Bank of Greece’ has made the most expensive purchase in Turkey

 

Through its subsidiary it bought a skyscraper in Istanbul

“Greeks made the most expensive purchase of offices”, write the turkish newspapers

By Manolis Kostidis – Ankara

The “National Bank of Greece” made the most expensive purchase of offices in Turkey, through its subsidiary Finansbank.

Finansbank bought the skyscraper “Kristal Kule” (Crystal Tower), which was completed by Soyak construction company, for 303 million Euro.

The skyscraper is 170 meters high and is comprised of 40 floors, which will host Finansbank’s main offices. The work on the building’s interior will start shortly.

The “Crystal Tower” is located in Levent district, which is considered to be Istanbul’s Manhattan. All of the building floors cover an area of 100,000 square meters.

The turkish newspaper Vatan, in a front page publication, reports: “The ‘Crystal Tower’ was bought by the Greeks. This is the most expensive purchase of offices in Turkey”.

The turkish newspaper Türkiye comments that “despite the uncertainties and political unrest in the country, the Greeks gave a vote of confidence in the Turkish economy through Finansbank”.

The subsidiary of the “National Bank of Greece” is considered the third biggest private bank in Turkey, with 674 branches in the country.

The tallest skyscraper in Turkey is the “Sapphire of Istanbul”, which is 261 meters high and consists of 66 fours.