The Turkish investor bought the 2,300-sqm plot a year earlier with some EUR 2 million from two local businessmen. He was planning to develop a 100-apartment building, with a EUR 10 million investment.


“We signed a conditional sale agreement, which is a step preceding the actual sale,” said Ahmet Buyukhanli.


The plot is located in front of a Kaufland parking lot. The retailer will most likely use the land to expand its parking lot. (source: