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Lumia Foundation and SEN Group Commence $220M Lumia Towers Project in Istanbul as Part of $1B Partnership
Jan 30, 2025•over 1 year ago
Contract Type
partnership
IstanbulReal Estate
Description
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 Information
Company
Lumia Foundation and SEN Group
Location
Istanbul, Turkey
About
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.
Predictive Intelligence
Strategic
ML-powered predictions for Lumia Foundation and SEN Group's next move
IstanbulReal Estate