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Category Archives: Istanbul

Landmark new shopping centre – with its own Apple Store – a boost for Istanbul

Raising its profile as a city that offers world-class shopping, Istanbul’s landmark Maltepe Park shopping centre reopened in September after a 19-month overhaul with the assistance of global supermarket group Carrefour SA. The transformation of Maltepe Park, located in the city’s Maltepe district on the eastern bank of the Bosphorus,...

Posted on 24 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

One of the world’s top 30 banks setting up shop in Turkey

Dutch giant of the banking world Rabobank, ranked the world’s 26th largest bank, has announced plans this month to open offices in Turkey, saying it sees the country as a growing opportunity. The first Rabobank office will be in Istanbul and focus on the commercial sector, initially planning to provide...

Posted on 19 September 2013

Turkey’s property market outperforming the rest of Europe!

Property investors have seen better returns in Turkey than anywhere else in Europe, in terms of capital appreciation, over the past year, after the latest Knight Frank Global House Price Index showed house prices there rose 12.2 per cent year-on-year to the end of Q2 2013. Turkey’s rate of house...

Posted on 13 September 2013

Rail upgrades on track to increasing investment appeal of Istanbul property market

Many of Istanbul’s burgeoning residential districts are on the verge of becoming more accessible places to live, after a landmark new rail link connecting the European and Asian sides of the city neared completion when it carried its first passengers as part of a test run in August.The Marmaray Project,...

Posted on 03 September 2013

Turkish football club signs record sponsorship deal with UK brand Vodafone

Istanbul football club Beşiktaş announced in August that it has signed a $145-million deal with British telecommunications group Vodafone, making it the country’s biggest ever sponsorship deal. The deal includes shirt sponsorship for five years and sponsorship of the new Beşiktaş stadium, expected to be completed next year and named...

Posted on 30 August 2013

Leading fashion brand coming to Turkey’s High Street by end of 2013

Shoppers in Turkey will soon have the chance to look as fashionable as their European neighbours, thanks to plans announced this month for the opening of Superdry stores there.The news comes after UK based SuperGroup, which owns the Superdry brand, signed a five-year exclusive franchise agreement with Turkish firm Demsa...

Posted on 27 August 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

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

Turkey’s coastal property market gains from rise in Blue Flag beaches

House-hunters looking for an overseas property near a clean, safe beach are spoilt for choice in Turkey, says Turkish property specialist Spot Blue, thanks to 383 beaches there being awarded Blue Flag status this year, the most the country has ever achieved and 59 more than in 2012. Turkey now...

Posted on 18 June 2013