Ayandeh Bank, a leading private bank, plans to sell the giant Iran Mall complex in the capital Tehran in line with the legal mandate to relinquish non-banking activities.
Iran Mall is a vast shopping and entertainment complex in northwest Tehran and was wholly financed by Ayandeh Bank.
The first phase of the mall opened in 2018 as a grand and the largest shopping center. The second phase is under construction and is slated to become one of the biggest in the world.
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