Dusit International has signed a management agreement with Abduljawad Holding to operate Dusit Thani Residences Maslak Istanbul when it opens in August 2018.
Marking Dusit International’s first project in Turkey, the property will comprise more than 300 apartments and will be part of Maslak 1453, a two million square metres commercial, business and residential hub on the European side of the city.
Representatives of Dusit International, Abduljawad Holding and Agaoglu at the signing ceremony of Dusit Thani Residences Maslak Istanbul, held on December 1, 2016, in Turkey
While serviced apartments will make up the majority of the property, there will also be a branded residence with units leased to tenants on a long-stay basis. Available in four configurations – from one- to four-bedroom – each apartment in the 41-storey building will come fully furnished. Amenities on-site include a swimming pool, gym, spa, lobby lounge, residence lounge, and meeting rooms.
Suphajee Suthumpun, group CEO of Dusit International, said: “This is an important step in our global expansion and puts us in a good position for further development throughout Europe, the Middle East and beyond.”
Dusit International currently operates 29 properties around the world and has 45 confirmed projects in the pipeline across four brands: Dusit Thani, dusitD2, Dusit Princess and Dusit Devarana.