(MENAFN) Qatari Diar Real Estate Investment Company has teamed up with Turkish developer Kuzu Group to launch its seven-star luxury project Sea Pearl Atak"y in Istanbul with a cost of USD2.7 billion.
The project, which is seen to become one of Istanbul's most luxurious developments, received an overwhelming response from GCC investors when it was launched at Cityscape Global expo in Dubai.
Located on the shores of the Sea of Marmara, the Sea Pearl Atak"y will boast 1474 luxurious apartment units and a deluxe five-star hotel apart from high-end boutiques featuring global brands and lavish restaurants.
"We are very pleased with the response the Sea Pearl Istanbul have received. A majority of the investment in Sea Pearl Istanbul has come from the Gulf," the group chairman said.
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