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Istanbul Ranks Top Property Investment 4th Year Running

For those of you who have been living under a rock, Istanbul has been ranked the top city in Europe for commercial property investment for the last 3 years running in PricewaterhouseCooper's report Emerging Trends in European Real Estate in conjunction with the Urban Land Institute. That is to say...

Posted on 04 March 2013

Incredible Growth in Turkish Air Traffic Continues

Turkey is currently one of the strongest and most stable economies in the world. The property market is also performing well with strong and stable growth coming out in all the indices. So more than ever before property investors are sitting up and paying attention to Turkey. Low property prices,...

Posted on 28 February 2013

Microsoft Knocking Down Turkey’s Door to Join Fatih Project

IT giant Microsoft is very keen to get into Turkey according to the latest announcement from Turkish Science and Technology Minister Nihat Ergün. Ergün has told how Microsoft has bolstered an early pledge to take part in its Fatih program – an education system built around tablet computers – adding...

Posted on 26 February 2013

Turkey to Open New EU Chapter with Help of France

According to Turkish EU minister Egemen Bagis Turkey submitted an action plan for opening a new EU accession chapter, having fullfilled the benchmarks neccesary to open said negotiation chapter. The news follows an announcement from the new French administration that it would help Turkey to get Chapter 22, “Regional Policy...

Posted on 23 February 2013

Turkey Strongest Economy in EU Paddock Says EC

We haven't had official figures for Turkish GDP growth for all of last year yet, but this hasn't dettered the European Commission from predicting that Turkey will be the strongest country in its economic paddock this year. In its winter forecast 2013 released today the body predicted that Turkey will...

Posted on 22 February 2013

Turkey Launches First Locally Built Research Ship

Turkey recently launched its first national research ship. Its purpose is to help protect marine ecosystems and enable surveillance and research on a number of undersea related issues. One of these is exploring for oil. The project is significant because it proves Turkey is capable of building such ships, and...

Posted on 21 February 2013

Turkey Presenting Draft Action Plan to EU

According to EU Minister Egemen Bagis, Turkey is due to present a draft action plan concerning the opening of a new chapter in its bid for European Union membership. Apparently it has fulfilled the benchmarks for the opening of a new negotiation chapter which will be presented to the EU...

Posted on 19 February 2013

2013 Predictions for the Turkish Property Market

Increased competition from foreign sellers will be a feature of the 2013 Turkish property market, as owners are continually hammered by the depression of the Euro and global financial crisis, the head of a Turkish real estate group has told the Hürriyet Daily News. “I expect a boost in real...

Posted on 16 February 2013

Istanbul’s Ancient City Walls May Be Restored as Tourist Draw

Istanbul's ancient city walls were first built by Constantine the great, and were originally 26 km long, but today just 7 km remain. In the past these walls haven't been adequately maintained, and now need protection quite urgently. It's thought if they were properly restored they could prove to be...

Posted on 14 February 2013

Turkey Implementing $5 Billion Smart Grid Plan

Turkey is planning to spend $5 billion on smart power grids during the next three years in an effort to boost network efficiency, but this plan should also boost ties with the US. It's been predicted that closer cooperation will develop between the Turkish government and energy companies, and the...

Posted on 12 February 2013