Dubai, September 22, 2014: Sea Pearl Ataköy, a luxury project in Istanbul by leading Turkish developer Kuzu Groupand Qatari Diar Real Estate Investment Company, has received an overwhelming interest from investors in the UAE. The project was showcased at Cityscape Globalin Dubai, UAE.
Commenting on the response at Cityscape Global, Mr. OzenKuzu, board member of Kuzu Group said:“We are very pleased with the interest the Sea Pearl Ataköy has drawn at the Cityscape.We have received an amazing response from investors here.We waited a long time before presenting our project as we wanted to showcase our project for the first time here at Cityscape. The show gave us a fantastic networking platform to engage with potential investors and provide them with the information they need. It was a great way to interact with them personally and show them that this project has everything they are looking for in an investment.”
Located on the banks of the Sea of Marmara in Istanbul, one of the most prestigious residential localities in the city, the Sea Pearl Ataköy will comprise 1,474 luxurious apartment units and a deluxe five-star hotel, high-end boutiques featuring global brands and lavish restaurants.
With an investment of USD 2.7 billion, the project is slated to be one of the most luxurious in Istanbul.
“Kuzu, as a group, has achieved to become a brand in the construction industry with determination and hard work. Our motto is to be honest, hardworking, fast, and principled. Our goal is achieve a better quality of life for the people and to fulfill the tasks on our part in the development of our country,” Mr. Kuzu added.
The Sea Pearl Ataköy, spread across an impressive 128,000 square meters, enjoys idyllic views of the sea while is at the same time highly central and accessible. The development is established in a bustling central location near other hotels, shopping malls, schools, and hospitals, and will be five minutes away from Atatürk Airport, Ataköy Marina, and the ferry terminal.
The residential units will be built using high-quality materials, including an earthquake resistant piled raft foundation system, central floor heating, high-end built-in kitchens, and sound insulation between each flat.
The project began in March 2014 and is aimed for completion in February 2018.