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 will attract high net worth investors from across the Middle East and beyond. Thirty-one developers or property firms from Turkey alone will be exhibiting at the event, illustrating how important Gulf buyers are to the Turkish real estate market. There will be 179 exhibitors from the UAE.
Turkish exhibitors can expect exposure to a range of international investors, aside from those from the Gulf countries – investors from India, Pakistan and the UK made up the top three nationalities who visited the three-day event last year. Said Wouter Molman, Director of Cityscape Group: “At Cityscape Global this year we expect a very strong turnout from visitors across the world, and in particular these three countries as they look to maximise their investment potential here.”
Turkish exhibitors will occupy one of the largest pavilions at the event, covering 2,000 square metres of space. One Turkish development company has revealed it will showcase projects in Istanbul worth $1.5billion, including a landmark project overlooking the Bosphorus Strait.
Running in tandem with the exhibition is the Cityscape Awards for Emerging Markets. The awards programme has attracted hundreds of entries from developers and architects behind real estate developments across emerging markets globally. Submissions are now being reviewed by an independent judging panel and 13 winners will be announced at an elaborate ceremony taking place at the Armani Hotel, Burj Khalifa on 22nd September in Dubai.