Fingen has entered into a joint venture with Kalyon to develop the Florentia Village designer outlet project in Istanbul.
Fingen is an Italian investment firm that manages investments across private equity, real estate, and retail. Kalyon is a Turkish conglomerate.
According to the White & Case law firm, which, along with its Turkish affiliate, GKC Partners, advised Fingen on the creation of the JV, the venture will focus on the design, construction, operation, and management of Florentia Village – a luxury outlet shopping mall located within the Istanbul Airport development area.
Image source: www.mallreport.com.tr