Istanbul becoming a leading global business location

Posted on 26 July 2011

26 July 2011 – International property consultant CBRE (CB Richard Ellis) has placed Istanbul 27th in the top global business locations. Of the 280 international conglomerates reviewed, 115 have established regional headquarters or operating offices in Istanbul. Top of the location list is Hong Kong with 191 global companies located there followed by Singapore with 179 companies. Istanbul, Turkey’s financial capital has pushed out such European cities as Frankfurt and Amsterdam in the global rankings. The CBRE report quotes the reason for Istanbul’s strong showing as Turkey’s rapid growth and successful economic performance. Source: Invest in Turkey

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