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Category Archives: Investment

Foreign investors in Turkish property predicted to be worth $3 billion during 2013

Property sales in Turkey were up 78.7 per cent in the first half of 2013 compared to last year, a member of Turkey’s Real Estate Investment Trust Association (GYODER) said in October. According to the Anadolu news agency, Isil Gokkaya of GYODER added that Turkey’s new law that has opened...

Posted on 28 October 2013

Deals worth $1.3billion – Istanbul property goes down a storm at Dubai property show

Occupying the largest international pavilion at the Cityscape property exhibition in Dubai this year, Turkey has lived up to expectations of drawing Gulf investors, with one developer on course to net around $1.3billion worth of investment. Turkish developer Agaoglu Group confirmed that the Financial Center in Istanbul has been a...

Posted on 10 October 2013

The £170K question: where would you invest in property, Turkey or the UK?

One is an exciting emerging economy that bridges the gap between East and West, and the other is an established Western market, ut one thing both Turkey and the UK share right now are bullish property markets. Turkey ranked sixth in the latest Knight Frank Global House Price Index, recording...

Posted on 27 September 2013

Big hitters from the Gulf eye up Istanbul’s property investment opportunities

Interest from Gulf investors in Istanbul’s property market is expected to soar in coming months, thanks to the city and its investment opportunities being in the spotlight at Dubai’s Cityscape Global property exhibition in October. Highlighting the growing appetite for Turkish property in the Middle East, Turkey’s pavilion at Cityscape,...

Posted on 20 September 2013

Clever land investors flying high in Turkey

Hungry investors looking for alternatives to today’s volatile financial markets should consider investing in land in Turkey, said Turkish property specialist Spot Blue, adding that buying land and building your own villa can also be a better long-term proposition for second homeowners. “Opportunities to buy land come in all shapes...

Posted on 02 July 2013

Turkey Real Estate Investment to Hit 10 Billion USD Annually

According to the latest data from the Association of Real Estate Investment Companies (GYODER), global investors ploughed 720 million USD into Turkish property investments in the first quarter of this year. This represents a growth of 89% compared to Q1 2012 according to the firm, which predicts that Turkey will...

Posted on 21 June 2013

Turkish Real Estate Put Forward for $50 Billion Investment

Turkey is courting Norway. Not in the biblical sense, (or even the mid-late 20th century romantical sense), but in the real estate investment sense. Norway has big plans to channel some 50 billion USD into investments in international real estate in the coming months and years. Big hitters in the...

Posted on 20 June 2013

Agency upgrade boosts Turkey’s investment appeal, aiding its vision to be a top 10 economy

Turkey has edged closer to achieving its target of becoming one of the world’s top 10 economies by 2023, after it was awarded investment grade rating this month by Moody’s, significantly its second upgrade by one of the world’s three main credit rating agencies within the space of six months....

Posted on 23 May 2013

Istanbul Start-Ups Starting to Hot Up

New data from the Istanbul chamber of commerce shows an impressive 18% growth in the first four months of this year. According to the report some 18,185 newly-established companies registered with the Istanbul Chamber of Commerce (ITO)   during the period. Meanwhile business shut-downs were also down by 13.41 percent over...

Posted on 07 May 2013

Is 2013 the year to invest in ‘non-euro’ Turkey?

A strong Olympic bid, a new ‘mega’ airport and booming tourism – is 2013 the year to invest in ‘non-euro’ Turkey?  Turkey’s appeal to property investors has surged since the start of 2013, as the weaker Pound makes the Eurozone unattractive to UK buyers, plans for the world’s largest airport get under way in...

Posted on 07 March 2013

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

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

Fears of a Property Bubble Forming in Turkey Are Unfounded

There have been quite few concerns that a property bubble could form in Turkey, leading to the kind of problems seen in Spain. However experts don't think this is very likely to happen due to a number of different factors. Recently Turkish banks have been reducing interest rates on home...

Posted on 10 January 2013

Natural Gas Reserves Found on Turkey’s Black Sea Coast

It was recently announced that natural gas deposits have been found on Turkey's Black Sea coast. This is an extremely important development as it is one of Turkey's first natural gas reserves. The Turkish Petroleum Corporation (TPAO) was in charge of the drilling operation that discovered the key natural gas...

Posted on 21 September 2012

New Incentives Bring New Wave of FDI to Turkey

The latest round of investment incentives has paid off in Turkey, as according to reports another wave of major investment is headed for the strategically important emerging market. İlker Aycı, President of the Investment Support and Promotion Agency of Turkey (ISPAT) told a press conference that a big North American...

Posted on 20 September 2012

Fitch Ratings Says Turkey on Track for Soft Landing

Fitch Ratings has just published a report on the Turkish economy and says the country has made good progress in returning to a sustainable growth rate while reducing the rate of inflation and the current account deficit. However Fitch warns the Turkish economy is still vulnerable to the global financial...

Posted on 31 August 2012

Fitch Will Upgrade Turkey If…

Fresh hopes that Turkey will receive an upgrade are the news of today. But this time the hopes come straight from the horse's mouth as it were, and they are more goals than hopes. In a report issued this week, Fitch said that it will upgrade Turkey from BB to...

Posted on 24 August 2012

Turkish Incentive Package Attracts $3.2 Billion Investment in Six Weeks

Turkey launched its new incentive package designed to attract foreign and domestic investment into the country on June 19 and since that date has received 480 project proposals worth TL 5.5 billion or $3.2 billion. According to the economy minister, Zafer Caglayan, Turkey is expecting substantial investment from Europe, and...

Posted on 03 August 2012

Big-Hitting Asian Investment Fund to Bet Big on Turkey

Singapore based Temasek Holding, the 9th biggest investment fund in the world is examining Turkey’s different sectors for investment opportunities, according to daily Sabah. “We are looking for opportunities, we are going to come,” said Nagi Hamiye, who is in charge of Global Industrial Investments for the firm. He said...

Posted on 26 July 2012