October 14 (SeeNews) - Turkey's Halk Gayrimenkul Yatirim Ortakligi [BIST:HLGYO], or Halk Real Estate Investment Trust (REIT), said it has selected local builder Ilgazlar Insaat Ticaret Sanayi as the prime contractor for its residential housing project.
Ilgazlar Insaat offered the lowest price in the tender for contractor on the project, located in northwestern Turkey's city of Eskisehir, Halk REIT said in a statement to Borsa Istanbul on Friday.
Halk REIT added that it had obtained a construction permit for the project in April.