TODAY.AZ / Business

Five star Baku hotel to open in Istanbul

02 April 2008 [13:22] - TODAY.AZ
President of Palmali group of companies Mubariz Mansimov purchased the building of the HSBC company in Istanbul, which was subjected to terrorist act in 2003.
Day.Az reports with reference to Palhaber that the businessman purchased the building for $60,000,000.

The building will be transformed into a five star hotel.

The hotel will bear the name of the capital of Azerbaijan, Baku, and will become a symbol of friendship between Azerbaijan and Turkey, by the idea of the authors.

/Day.Az/
URL: http://www.today.az/news/business/43987.html

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