Talks with Hürriyet proceed, says Nurol

ISTANBUL - Hürriyet Daily News

Nurol, the real estate firm, says it is interested in Hürriyet Media Towers in Istanbul. Hürriyet photo

Nurol GYO, the real estate investment arm of Nurol Holding, has started talks to acquire the Media Towers of Hürriyet Gazetecilik, the newspaper company, according to a filing to Istanbul Stock Exchange (İMKB) yesterday.

The talks proceeded in a high level of consensus, the filing said.

The complex consists of four real estate properties in the Güneşli neighborhood of Bağcılar district and included an area of 58,610-square-meters, the filing noted.

Hürriyet Gazetecilik revealed Jan. 25 that it had started talks with “an eager buyer” to sell Hürriyet Medya Towers, its main building in Istanbul, in a separate filing to the İMKB.
Hürriyet Gazetecilik also owns the Hürriyet Daily News.