Kiler Gayrimenkul Yatirim Ortakligi A.S (IBSE:KLGYO) and Biskon Yapi AS agreed to acquire land in Istanbul from Iller Bankasi for TRY 77.5 million on May 18, 2016. Kiler Gayrimenkul Yatirim Ortakligi A.S will own 99% stake and Biskon Yapi will own 1% stake. Kiler Gayrimenkul Yatirim Ortakligi A.S (IBSE:KLGYO) and Biskon Yapi AS cancelled the acquisition of land in Istanbul from Iller Bankasi on May 18, 2017.