The Moral law firm has advised the Aryom real estate developer on the construction and sale of the Aryom Koru Project, which consists of 425 residences surrounded by sculptured landscapes and multiple social and sports facilities and is located just outside Izmir. The investment value of the project is TRY 130 million (approximately EUR 36.4 million).
According to Moral, the firm "advised Aryom on drafting construction agreements and unit sales agreements as well as [on] project finance ... in the amount of TRY 25 million." Financing was provided by Isbankasi and Garanti Bank.
The Moral team consisted of Partner Vefa Resat Moral, Of Counsel Serkan Pamukkale, and Senior Associate Karaca Kacar.
