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Turkey Property: 2 Reasons to Buy ASAP

Turkish inflation has surged in May, making a rate rise in the country ever more likely in the near future. According to data from Turkstat, the annual inflation rate soared to 7.2% in May, from the almost 50 year low of 4.3% the month before. The Central Bank had forecast...

Posted on 03 June 2011

Antalya Property has it All

Regular readers of this blog will have heard us talking about Antalya the holiday destination, where people buy holiday homes and rent them out to tourists when not in use. But this is only a fraction of the city's potential. It is true; Antalya is one of Turkey's top tourist...

Posted on 02 June 2011

Swiss bank picks Turkish equity markets as being one of the best

31 May 2011 - Lombard Odier, one of Geneva’s oldest (founded 1796) and largest private banks, considers Turkey as one of the top emerging equity markets together with the Russia equity market. Speaking recently about Turkey, Mr Paul Marson, Chief Investment Officer of Lombard Odier, said “One may end up losing...

Posted on 31 May 2011

World Bank Group to locate regional headquarters in Turkey

30 May 2011 - IFC (The International Finance Corporation) part of the World Bank Group is to invest 3 Billion USD in Turkey during the next 3 years. Lars Thunell, Executive Vice President and CEO of IFC, said "We are aiming to increase our investments in Turkey due to the...

Posted on 31 May 2011

Turkish Property Forces Investors to Sit Up and Take Notice

No one can ignore Turkey in 2011, especially given the trouble anyone who managed to do so throughout 2010 would have had. It is equally hard to deny that Turkey is now one of the hottest overseas property markets in the world, you can't argue with good old facts and...

Posted on 27 May 2011

It’s Official, Turkey to Top European Economy Again in 2011

The Turkish economy grew 8.9% in 2010, this made it the fastest growing economy in Europe by a good margin. Everyone expected growth to slow in 2011, it had to; the growth rate in 2010 was unsustainable, and to sustain it would ultimately have done more harm than good in...

Posted on 26 May 2011

Bodrum International Airport Traffic Grew 11% in 2010

Istanbul is currently one of the highest profile cities in the world, what, with its economy and property market booming, construction booming, employment growing faster than any other city in the world (Brookings Institute 2010) and one of the fastest growing populations in the world as well. As a result...

Posted on 25 May 2011

Leading US hamburger chain to open 100 stores in Turkey

22 May 2011 US hamburger chain Carl’s Jr has opened its first restaurant in Istanbul in the Cevahir Shopping Mall and aims to open a further 100 stores across Turkey. Mr Ned Lyerly, senior vice chairman of US owned CKE Restaurants which operates both the Carl’s Jr. and Hardee’s brands, said “Our...

Posted on 23 May 2011

Turkey Property Prices Surge into 2011 (stats)

As European residential property markets still clamber toward recovery ever-worrying about a double dip, and authoritative sources tell us the US property market has already double dipped, we look at markets like Turkey to see that they are experiencing strong growth into 2011. According to (GYODER) the Association of Real...

Posted on 21 May 2011

Indian industrial conglomerate to make further investments in Turkey

20 May 2011 - Mr Pawan Ruia, Chairman of the Indian industrial conglomerate, says the group is planning to make additional investments in the Turkey in energy, mining and metal sectors following their 250 Million USD acquisition of the Turkish cars part manufacturer - Standard Profil. Speak in Istanbul, Mr...

Posted on 20 May 2011