Global Trade Alert
Global Trade Alert

Turkiye: The Turkish State-owned Ziraat Bank acquires a shopping center in exchange for debts

Announcement

05 Dec 2019

On 2 December 2019, The Turkish State-run Ziraat Bank acquired Ankara’s prestigious shopping center Next Level AVM in exchange for debts.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Dec 2019

Revocation date:

No revocation date

Updated: 05 Dec 2019
Debt purchase In force

On 2 December 2019, The Turkish State-run Ziraat Bank acquired Ankara’s prestigious shopping center Next Level AVM owned by Pasifik Construction Company. The acquisition was made through the ...

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