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Istanbul property returns may surpass London

Date: 22/03/2008Istanbul property returns may surpass London Moscow and Istanbul real estate investment returns may surpass Paris and London as emerging-market economies grow at a faster pace than western Europe, according to a survey of investors, brokers and analysts. London dropped to 15th place out of 27 cities for 2008,...

Posted on 14 February 2011

FT: Turkey’s GDP revised up a third

Date: 22/03/2008FT: Turkey's GDP revised up a third Turkey's economy is almost one-third bigger than previous estimates, boosting the government's per capita income targets and increasing the prospect its credit rating will be raised. According to official figures released on Saturday, Turkey's gross domestic product was TL758bn ($606bn, £300bn) in...

Posted on 14 February 2011

Istanbul at Number 4 in list of billionaires in the world

Date: 12/03/2008Istanbul at Number 4 in list of billionaires in the world She was only eight when she began visiting the family’s bank during school holidays. Today, Suzan Sabanci Dincer is its managing director and will one day take over an empire employing thousands of people in dozens of companies...

Posted on 14 February 2011

Major event to place Turkey on golfing map

Date: 04/03/2008Major event to place Turkey on golfing map Belek, Antalya, Turkey's up and coming golf center, is readying to host a major golf event in May with the 250,000-euro Turkish Ladies Open, a part of the 2008 Ladies European Tour (LET). Martina Eberl, a LET player, believes that the...

Posted on 14 February 2011

The Money Keeps Pouring In

Date: 26/02/2008The Money Keeps Pouring In 2007 FDI in Turkey hits record-high net $21.9 billion. Foreign direct investment (FDI) in Turkey rose 9.8 percent to hit $21.9 billion in 2007 the Undersecretariat of the Treasury announced in its monthly "Foreign Direct Investment Data" bulletin published yesterday. Of this, amount, $234...

Posted on 14 February 2011

BAT’s strike it lucky in Turkey

Date: 26/02/2008BAT's strike it lucky in Turkey BAT bids $1.72 billion for TEKEL British American Tobacco Plc, the makers of Dunhill, Kent and Lucky Strike, has bid $1.72 billion to win an auction for Turkish cigarette maker Tekel. If the sale is approved, BAT will have a 36 percent market...

Posted on 14 February 2011

Natwest International Personal Banking believe Turkey will see big increasing property demand

Date: 18/02/2008Natwest International Personal Banking believe Turkey will see big increasing property demand Research among mortgage brokers by NatWest International Personal Banking (IPB) reveals that Bulgaria, Turkey and France are the countries they believe will see the biggest demand for properties over the next three years due to cheaper property...

Posted on 14 February 2011

Delicious Turkey” says Amanda Platell, Daily Mail travel writer

Date: 18/02/2008Delicious Turkey” says Amanda Platell, Daily Mail travel writer “How often can any of us say, at the end of a break, that it was the holiday of a lifetime? How often was it a thing of beauty and endless memories, even without the happy snaps; an experience that...

Posted on 14 February 2011

Big Deal – London Company buys 51% of Migro in Turkey

Date: 15/02/2008Big Deal - London Company buys 51% of Migro in Turkey BC Partners' takeover is the biggest by any buyout firm in the country – 961 stores BC Partners Ltd. has agreed to buy Migros Türk, Turkey's largest supermarket chain, for about $3.2 billion in the country's biggest-ever leveraged...

Posted on 14 February 2011

The numbers just keep going UP! – 43.9% increase

Date: 15/02/2008The numbers just keep going UP! - 43.9% increase The Turkish Statistical Institute has reported that over 27 million visitors went to Turkey in 2007 of which 5.6 million were during the months of October, November and December. According to the report, tourism expenditure was up a massive 43.9%...

Posted on 14 February 2011