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Turkey: Alanya Airport Welcomes Borajet, Potentially Boosting Property Market

Date: 14/07/2010Turkey: Alanya Airport Welcomes Borajet, Potentially Boosting Property Market The first official domestic flight into and out of the Alanya Gazipasa airport is big news for the Alanya property market, according to Turkish property specialists Spot Blue Director of the firm Julian Walker said "This is the latest in...

Posted on 14 February 2011

Turkey: Thomas Cook to boost Turkish tourism in Oger Tours acquisition

Date: 14/07/2010Turkey: Thomas Cook to boost Turkish tourism in Oger Tours acquisition On Monday, the Thomas Cook Group announced the acquisition of Oger Tours, a well-known Turkish-owned tour company operating in Germany and specializing in tours to Turkey, in a deal worth around EUR 30 million. The Oger brand and...

Posted on 14 February 2011

Turkey: Rising tourism may boost Turkey property

Date: 09/07/2010Turkey: Rising tourism may boost Turkey property A surge in holidaymakers visiting Turkey this summer could lead to an increase in the volume of people buying property in Turkey. The latest figures from the Turkish Directorate General of State Airports Authority (DHMI) shows that there was a 24 per...

Posted on 14 February 2011

Turkey: Investment inflow to emerging countries to pick up in 2011

Date: 09/07/2010Turkey: Investment inflow to emerging countries to pick up in 2011 According to an Institute of International Finance (IIF) forecast, foreign direct investment (FDI) inflow to emerging countries in Europe is expected to increase by more than 40 percent in 2010. The research estimates that emerging countries, including Turkey,...

Posted on 14 February 2011

New York Times: Who needs the other one more – Europe or Turkey?

Date: 07/07/2010New York Times: Who needs the other one more - Europe or Turkey? Turkey’s economic performance in the first quarter leaves the EU clearly behind in terms of growth, and in the light of Turkey’s astonishing economic transformation, one should ask the question, “Who needs the other one more...

Posted on 14 February 2011

Turkey – USD 500 million World Bank loan secured for Turkish SMEs

Date: 07/07/2010Turkey - USD 500 million World Bank loan secured for Turkish SMEs The World Bank has allocated a total of USD 500 million to the Second Access to Finance for Small and Medium Enterprises (SMEs) project for Turkey. Approved by the World Bank Board of Executive Directors, the project...

Posted on 14 February 2011

Turkey – First quarter data show Turkish economy in strong rebound

Date: 02/07/2010Turkey - First quarter data show Turkish economy in strong rebound Figures from the first quarter of 2010 reveal Turkey’s rapid recovery from the global economic crisis, as the country ranks second in growth among G20 members. While the growth rate of 11.7 percent falls slightly short of expectations,...

Posted on 14 February 2011

Financial Times: Realty investors turn to Turkey

Date: 29/06/2010Financial Times: Realty investors turn to Turkey The Turkish real estate market is once again under the spotlight of property investors from all over the globe. In a report issued by the British daily Financial Times (FT) Turkey’s lucrative real estate sector is said to attract British investors due...

Posted on 14 February 2011

Turkey – Real estate – improved transparency

Date: 28/06/2010Turkey - Real estate - improved transparency Within the framework of the European Union accession process, Turkey has been working hard to align its legal and regulatory systems with more developed countries. Turkey tops the table of the most improved country in real estate transparency for 2010, according to...

Posted on 14 February 2011

Turkey – Global markets view Turkey as investment grade

Date: 25/06/2010Turkey - Global markets view Turkey as investment grade Credit rating agencies insist on viewing Turkey as an economy below investment grade, but the markets do not seem to bother. Credit default swaps insuring Turkish bonds against default for five years cost 1.84 percentage points, while contracts for Russia,...

Posted on 14 February 2011