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Category Archives: Istanbul

New railway tunnel promises to make Istanbul an East-West trading hub

A new railway tunnel linking the European and Asian sides of Istanbul opened on 29th October, with hopes it will make Istanbul a convenient trading route between Western Europe and South-east Asia, including China, in essence a modern-day Silk Road.The 1.4-kilometre tunnel, which runs under the Bosphorus Strait and is...

Posted on 29 October 2013

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 up...

Posted on 28 October 2013

Turkey gets the thumbs up from a Hollywood superstar

Giant of the Hollywood blockbuster Russell Crowe, who starred in the movie Gladiator, has been in Turkey confirming arrangements for the filming of his next film and whilst there he revealed how much he liked the country.In his film, Crowe will bring to the big screen the story of an...

Posted on 25 October 2013

Istanbul gears up for arrival of first Rolls Royce dealership

A sign of the growing prosperity of Turkish people and their appetite for leading worldwide brands, Rolls-Royce has announced plans for an authorised dealer to be based in Istanbul. The new dealership is to be officially named Rolls-Royce Motor Cars Istanbul and the new showroom is officially due to open...

Posted on 24 October 2013

Turkish investment delegation targets the world’s largest economy – the US

  Turkey’s on-going efforts to attract foreign investors took the country’s Investment Support and Promotion Agency of Turkey (ISPAT) to US capital Washington this month, where ISPAT President, Ilker Ayci, confirmed strong interest from US investors in opportunities in Istanbul and broader Turkey. Said Ayci: “These meetings proved that US...

Posted on 18 October 2013

Demand at home and abroad: property agent Spot Blue ready to take on more stock

More diverse international investors in Turkey combined with growing demand from a wealthier population have led to an increase in property purchases and in some areas a tighter supply of stock, said leading Turkish property agency Spot Blue International Property in October. The prominence of Gulf and Russian investors in...

Posted on 15 October 2013

Turkish low-cost carrier launches new flights and connects Russia with Istanbul

A sign of Turkey’s expanding global appeal, on 8th October the country’s expanding budget airline Pegasus launched its first ever service between Istanbul and Moscow. At the same time, the airline also announced a raft of new flights from Brussels, starting next year.By 27th October Pegasus is expected to be...

Posted on 15 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

Spot Blue’s reputation leads to mention in leading lifestyle magazine in Asia

Spot Blue features in a recent edition of the Asian edition of Tatler magazine, in a feature that names Istanbul as one of the world’s top five investment hot spots for property. In the article, Spot Blue director Julian Walker is quoted as saying that growth in Istanbul’s property market...

Posted on 02 October 2013

Istanbul district sets example in modern-day living by offering free Wi-Fi

Surfing the internet and checking emails just got free and easy for residents or visitors in the Istanbul district of Kadikoy, after free Wi-Fi was launched in the streets there on September 30th. The Mayor of Kadikoy decided to introduce high quality Wi-Fi hot spots after locals in his district expressed...

Posted on 30 September 2013