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iranian investment

Iranian investor pays $90.6 million USD for 47 apartments in Istanbul

Iranian businessman Mehrdad Safari has bought a total of 47 apartments in a luxurious Istanbul skyscraper for $90.6 million. The price does not include VAT, although the rate on many of the apartments will only stand at 1 percent, while a portion will be subject to 8 percent tax following a recent tax cut.  Kiler Real Estate Investment Trust confirmed the sale in a statement to Borsa...

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