{"id":61326,"date":"2012-12-19T22:48:18","date_gmt":"2012-12-19T20:48:18","guid":{"rendered":"http:\/\/www.turkishnews.com\/en\/content\/?p=61326"},"modified":"2016-12-28T16:04:51","modified_gmt":"2016-12-28T13:04:51","slug":"emaar-secures-500m-funding-for-istanbul-project","status":"publish","type":"post","link":"https:\/\/www.turkishnews.com\/en\/content\/2012\/12\/19\/emaar-secures-500m-funding-for-istanbul-project\/","title":{"rendered":"Emaar secures $500m funding for Istanbul project"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-61328\" title=\"Emaar-Square-Turkey\" src=\"https:\/\/www.turkishnews.com\/en\/content\/wp-content\/uploads\/2012\/12\/Emaar-Square-Turkey.jpg\" alt=\"\" width=\"230\" height=\"158\" \/>Emaar Properties has announced that it has agreed a $500m deal with a consortium of banks to fund development of its Emaar Square project in Istanbul.<\/p>\n<p>The mixed-use development &#8211; Emaar&#8217;s second project in Turkey- will contain the biggest shopping mall in Turkey, a 180-room, five-star hotel, offices, leisure space amd more than 1,000 luxury homes.<\/p>\n<p>The consortium of banks that have agreed to provide the $500m (AED: 1.84bn) in funding include Standard Chartered Bank, Emirates NBD and HSBC. The funding will be repaid in seven years.<\/p>\n<p>Emaar Properties&#8217; chairman Mohamed Alabbar said: \u201cHaving recorded strong financial performance this year, Emaar is focused on the on-schedule completion of our master-planned projects in key emerging markets and in Dubai.<\/p>\n<p>via Emaar secures $500m funding for Istanbul project | ConstructionWeekOnline.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emaar Properties has announced that it has agreed a $500m deal with a consortium of banks to fund development of its Emaar Square project in Istanbul. The mixed-use development &#8211; Emaar&#8217;s second project in Turkey- will contain the biggest shopping mall in Turkey, a 180-room, five-star hotel, offices, leisure space amd more than 1,000 luxury [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":61328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[846],"tags":[4646,4196],"class_list":["post-61326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-foreign-investment","tag-property-in-istanbul"],"_links":{"self":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/61326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/comments?post=61326"}],"version-history":[{"count":0,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/posts\/61326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media\/61328"}],"wp:attachment":[{"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/media?parent=61326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/categories?post=61326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishnews.com\/en\/content\/wp-json\/wp\/v2\/tags?post=61326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}