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Category Archives: News

Strong economic data adds a shine to property investment in Turkey

Downward pressure on Europe’s economies continues to bypass Turkey, after the economy there recorded an encouraging 9.8 per cent year-on-year rise in foreign direct investment (FDI) in the first eight months of 2014. According to Ministry of Economy data, FDI in Turkey reached $8.6billion for the January-August period, which saw...

Posted on 04 November 2014

Joining elite marina club should benefit Bodrum property market

The chic new Palmarina on the Bodrum peninsula has been selected as a member of a global network of exceptional independent yacht marinas, run by marina company Camper & Nicholsons Marinas.Membership of the network, officially called The 178 Club, should encourage more of the international jet set who own boats...

Posted on 29 October 2014

Turkey’s stock exchange gaining stability globally

A sign of Turkey’s strengthening economy, the Istanbul Stock Exchange Market (Borsa Istanbul) is now ranked within the world’s top 20 most sustainable stock exchanges.  Based on companies' environmental, social and corporate governance performance, the Sustainable Exchanges Index measures the sustainability of exchanges. The new rankings place the Borsa Istanbul...

Posted on 21 October 2014

Turkish Airlines sees rise in passengers, and gets digital!

National carrier Turkish Airlines, the world’s fourth largest in terms of destinations, recorded a 14.3 per cent year-on-year hike in the number of passengers it has carried in 2014 to the end of September.According to recent figures, Turkish Airlines passenger numbers reached 41.4 million by the end of September this...

Posted on 14 October 2014

IMF predicts continued economic growth in Turkey

Turkey’s economy has grown by six per cent on average since 2010 and is set to continue growing albeit at a moderate pace, according to a report by the International Monetary Fund.An IMF team visited Turkey between September 11 and 24 and carried out its annual evaluation of the economy....

Posted on 06 October 2014

New air routes connecting Istanbul with the Gulf and Ukraine

Turkey can look forward to another air link with the Gulf, following the launch on October 2 of a new service between Kuwait and Istanbul.The route will be operated by Gulf Air and run twice a week. Gulf Air already offers a service between Istanbul and Bahrain.“This affords our Kuwait-based...

Posted on 30 September 2014

Turkey rated as a top place in the world to direct foreign investment

Turkey ranks in the top 25 countries worldwide where international business executives are likely to direct foreign investment, according to a recent independent report.The 2014 Kearney Foreign Direct Investment Confidence Index lists Turkey as 24th,  and shows an increase in confidence in the country’s investment outlook compared to 2013. The...

Posted on 23 September 2014

Turkish property market prepares to wow investors at Dubai expo

The Turkish property market will be in the limelight next week, when the annual Cityscape Global property exhibition in Dubai takes place, with Turkey being the second most featured country after the host nation, the United Arab Emirates.Cityscape takes place on 21st-23rd September at Dubai’s grand World Trade Centre and...

Posted on 17 September 2014

Istanbul’s commercial property sector remains attractive in 2014

Long-term economic growth prospects in Turkey have been described as ‘bright’ by international property consultancy Cushman Wakefield, which added that the Turkish economy is expected to accelerate in 2015 after a slower 2014.In a recent report on the first half of 2014, Cushman Wakefield also stated that the confidence and...

Posted on 16 September 2014

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