ADDRESSES:

UK OFFICE

15 Duke st. Darlington, Co Durham

Phone: 0800 169 4647 (Free in UK)

           +44 1325 35 80 81

           +44 1325 35 83 00

TURKEY OFFICE

Çamlık mah. Yunus cad. No:90 Didm/Aydın/Turkey

Phone: +90 256 813 44 58

           +90 256 813 43 41

e-mail: info@asemconstruction.com

Major partnership for mortgage: Doğan Group and Deutsche Bank

ISTANBUL - TDN/Referans

  A real estate investment firm, Gayrımenkul Geliştirme ve Pazarlama, has been formed between the Doğan Group, one of the largest conglomerates in Turkey, and Deutsche Bank, one of the world's leading financial service providers, to offer mortgage services for Turkish customers.

  Doğan Holding CEO Mehmet Ali Yalçındağ and Deutsche Bank executive Anshu Jain participated in the signing ceremony held in Istanbul on Friday.  

  According to the deal, the partnership is formed with 24.5 percent of shares belonging to Doğan Group, 24.5 percent to Doğan Yayın Holding -- the Doğan Group's media arm -- and 49 percent to Deutsche Bank.

  The new company will provide services for product development, marketing and financing in the mortgage field and aims to make the whole home-buying process easier for its clients and to form a platform where loan seekers and loan agents can meet.