Menu

Category Archives: Investment

The sky’s the limit for developing Istanbul and its impressive skyline

Modern-day Istanbul is gaining a name for its growing skyscrapers, following the release of an independent index that ranks the city as the world’s 22nd most visually impactful skyline. The latest Skyline Ranking by research website Emporis also shows that Istanbul has Europe’s second most impressive skyline, after Moscow, which...

Posted on 12 September 2014

Turkey in the world’s 50 most competitive markets, with rising exports

Turkey is the 45th most competitive market out of the world’s 148 most important economies, according to the 2013-2014 Global Competitiveness Report by the World Economic Forum (WEF). Six European countries dominated the top 10 places of this year’s GCR, namely Switzerland in first place, as well as Finland, Germany,...

Posted on 04 September 2014

Foreign investment up as Turkish economy outshines much of Europe

Foreigners invested $2billion in Turkish property in the first half of 2014, a period that saw a 28 per cent hike in overall foreign direct investment (FDI) in Turkey compared to 2013.FDI in Turkey between January and June was worth $6.8billion, according to data released by the Central Bank of...

Posted on 29 August 2014

Russians spearheading tourism growth in booming Antalya in 2014

The city and province of Antalya is proving an ever-growing hit with foreign tourists, but in particular Russians, after new figures showed an increase in the number of tourists there during the first seven months of 2014 compared to last year.According to the Antalya Culture and Tourism Provincial Directorate, between...

Posted on 05 August 2014

Turkish economy continues on growth path in 2014-15, according to OECD

Turkey’s economy will grow stronger in the coming years, according to a statement released by the OECD in July, news that should encourage more foreign investors to the country.The OECD, which conducted a survey about the Turkish economy, said that Turkey’s short-term economic outlook has improved, and that buoyed by...

Posted on 11 July 2014

Istanbul-Ankara high-speed rail link to open in July

A new high-speed rail link connecting the Turkish capital Ankara with the international commercial hub of Istanbul is due to open this month, cutting the journey time between Turkey’s two most important cities to three-and-a-half hours from six.Turkey's Transport Minister Lütfi Elvan has confirmed that the new rail link will...

Posted on 08 July 2014

Istanbul’s case for becoming a global financial hub under the spotlight

Istanbul’s campaign to become a leading financial hub in the world was reiterated this month when the Turkey’s finance minister, Mehmet Simsek confirmed that the country aimed to be among the top-three performing economies in Europe within a decade and one of the top 10 in the world within the...

Posted on 17 June 2014

Why Gulf investors hold the key to future growth in Istanbul

Demand for luxury residences in upmarket districts of Istanbul continues to rise, fuelled by buyers from the Middle East who are also attracted by investment opportunities presented by developments in the city’s growing suburbs, said Turkish property agency Spot Blue International Property in April. In March 2014 alone, foreigners bought...

Posted on 25 April 2014

Five reasons Erdogan’s re-election could help Turkey reach new heights

The re-election of Prime Minister Recep Tayyip Erdogan and his AK Party in Turkey has been welcomed by foreign investors, and should help to maintain healthy conditions for growth in the country’s real estate and tourism sector, said Turkish property agency Spot Blue International Property in April. “Continuity is important...

Posted on 04 April 2014

Why Istanbul’s Beylikduzu district is a hit with Turkish and foreign investors

Demand for property in one of Istanbul’s most desirable districts, Beylikduzu, is expected to grow during 2014, as more investors discover what this exciting area on the city’s European side has to offer.Together with the nearby Atakoy Marina district, luxury new developments in Beylikduzu are attracting an increasing number of...

Posted on 18 March 2014