The Ankara Metropolitan Municipality (ABB), run by the main opposition Republican People's Party (CHP), is setting records in the sale of its valuable assets and properties, rapidly depleting its resources, according to a report by the Sabah newspaper. Plots of land, shops and residences in prime locations are being put up for sale one after another.
The municipality, led by Mansur Yavaş, a popular figure in the party who was once regarded as a future presidential candidate, will launch a new tender on Thursday for the sale of several properties with a starting price of TL 1.3 billion ($28 million). With the latest tender, the municipality's total real estate sales over the past seven years have exceeded TL 35 billion.
The rapid liquidation of public properties in sought-after districts such as Etimesgut, Çankaya, Altındağ and Mamak, along with the involvement of municipal subsidiaries in the process, has fueled criticism over what opponents describe as the municipality's failure to improve public services despite the revenue generated from the sales.
According to the latest announcement by the Real Estate Branch Directorate of ABB's Department of Real Estate and Expropriation, 11 more valuable municipal properties have been put up for sale.
