Kuzu Group Selects Jumeirah Group to Operate Sea Pearl Development in Ataköy, Istanbul

Jumeirah Group | April 20, 2016

Istanbul, 20 April 2016: Turkey's Kuzu Group has appointed Jumeirah Group, the global hotel company and a member of Dubai Holding, to operate a mixed-use development in the Ataköy district of Istanbul, Turkey. The US$450m Sea Pearl development, which is anticipated to open in 2019, will include a luxury 202-room Jumeirah hotel and 62 private residences managed under the Jumeirah brand. The developer, Kuzu Group, is well-established in Turkey and has already completed a number of high-end developments, with a special focus on large-scale residential projects. Mr. Özen Kuzu, CEO, Kuzu Group, said: "The Ataköy district is st...