Lumia Foundation and SEN Group Commence $220M Lumia Towers Project in Istanbul as Part of $1B Partnership

Lumia Foundation and SEN Group Commence $220M Lumia Towers Project in Istanbul as Part of $1B Partnership

01/30/25, 3:23 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/TR.svgistanbul
Money
$220 million
Industry
real estate
Type
partnership
Lumia Foundation and SEN Group have officially commenced construction and tokenization of the highly anticipated Lumia Towers by SEN, the first project under their landmark $1 billion real estate tokenization agreement. Valued at $220 million, the twin towers will redefine modern urban living by integrating luxurious residential spaces with Turkey’s first dedicated crypto hub. The partnership was introduced at the World Economic Forum in Davos, emphasizing the use of blockchain technology to revolutionize real estate markets and empower global investors.

Company Info

Company
Lumia Foundation and SEN Group
Location
istanbul, turkey
Additional Info
Lumia Foundation, created by US-based visionaries Kal and Yanush Ali, and Turkey’s SEN Group, a leader in sustainable and earthquake-resistant real estate development.