Rotana has signed its latest property in Turkey - a 30-storey tower in the province of Güne?li which will feature hotel rooms and serviced apartments.
The UAE-based operator has partnered with real estate business Mar Yapi on the project. The developer will own a 60% stake in the project while Rotana and its partners will own the remaining 40%.
Dubbed the ‘Tri G’ project, the tower will include a Centro Hotels by Rotana with 152 rooms across eight floors, and 153 residences across 17 floors. It is scheduled to open in the fourth quarter of 2016.
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There will also be 2500 square meters of commercial space, in addition to a comprehensive range of facilities that will service the hotel rooms and serviced apartments separately.
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“Turkey is a key growth market for Rotana and we are very excited to partner with Mar Yapi to further expand our presence in the country with the launch of Tri G project,” said Rotana chairman Nasser Al Nowais.
“With its striking design, unique living spaces and extensive range of business and community facilities, Tri G will be a landmark project in the country.”
The serviced apartments at Tri G come with a two-year rent guarantee, and have already begun receiving initial orders from investors. Owners can opt to have their units included in Rotana’s Hotel Apartments, a sharing system already operational in various countries where the brand has a presence.
Mar Yapi chairman Münir Özkök said: “Rotana is a pioneer in the hospitality sector in the region and it’s a privilege for Mar Yapi to launch this ambitious project in partnership with such a reputed and long-standing player in the regional hotel scene.”
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