I will not let Dellis Cay go’ – Cem Kinay

TURKISH hotelier Dr Cem Kinay has pledged to fight all the way to stop land on Dellis Cay being sold as realtors inch closer to sealing a deal.
The developer from whom the uninhabited island was seized a decade ago amid corruption allegations told the Weekly News he will continue his legal crusade to recoup it “at any cost”.
His comments come as Hamilton Real Estate brokers confirmed they are “dealing with a number of interested parties”.
Recent reports indicate that the island is under offer from a quartet of businessmen who plan to build two hotels and scores of luxury villas, which include the completion of some already partially constructed.
Hamilton’s agent Sam Hunt said a number of enquiries had been received but added that, up to press time on Thursday, the land remained on the market for sale.
The 193 acres listed include adjacent Little Dellis Cay and carry a price-tag of $42 million – more than double the amount Dr Kinay bought the entire 560-acre island for in 2005.
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