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Tag Archives: Investment

Consensus Builds on Prediction of Investment Grade Turkey in 2011

The consensus is building around the prediction that Turkey will be upgraded to investment grade status by the ratings agencies this year. This week HSBC predicted it in a report. A report which also predicted massive GDP growth in Turkey between now and 2050, as Turkey and emerging markets like...

Posted on 12 January 2011

Turkey Property: What Will Make it Hot in 2011

Several reports recently have predicted that Turkey will be one of the hottest overseas property investment markets in 2011, including a report by the Global Property Guide making a case for Turkey being Europe’s hottest residential property investment opportunity. Here are some of the reasons why Turkish property is making...

Posted on 31 December 2010

Turkish Property Boom Finally Hears the B Word

Well it finally happened, the word bubble was mentioned in relation to the Turkish property boom, but no, we aren't going to argue against it. This is because caution over whether the boom is a bubble has led to banking regulator the BRSA capping the maximum loan to value at...

Posted on 30 December 2010

Turkey Property to be Hottest with Investors in 2011

Turkey will be the hottest overseas property investment destination in 2011 according to Liam Bailey, director of Write About Property in an article detailing predictions for the hottest markets in 2011. Bailey, who has, in the past (2006) stated that EU membership was essential to make Turkey a viable property...

Posted on 24 December 2010

Great Times for the Turkish Property Market

Turkey’s economy continues to grow stronger and stronger and is anticipated to continue with forward momentum heading into 2011. Turkey is due to surpass China, the United States, Brazil, and Japan in national income, according to the International Monetary Fund (IMF), taking 12th place in EU countries. At 729 billion...

Posted on 04 December 2010

Investor Confidence in Turkey Back to 2007 Levels

According to the Deloitte "Private Equity Confidence Survey," or PECS, investors have the same level of confidence in Turkey as they did in 2007 before the international financial crisis first reared its ugly head. The PECS report is based on the results of a huge survey asking the views of...

Posted on 02 December 2010

Turkey Property a Hit With Investors, and Rightly So

According to official data from the Turkish General Directorate of Land Registry, some 32,000 Brits are dominant owners in a country which has seen foreigners purchase over 65 million square meters of land and property since 2002. With 6 million square meters of that owned by Brits, they own twice...

Posted on 20 November 2010

State-Owned Turkish Property Developer in 1 Billion TYR IPO

State-owned Turkish real estate developer is selling a 25% stake of the company in an Initial Public Offering next week. The firm is selling 625million shares at between 1.60 and 2.15 Turkish Liras each. Doing the math that is a valuation of 1 billion liras (at the lowest price of...

Posted on 07 November 2010

Turkish Employment to be Boosted Massively by Turkish Silicon Valley

Nihat Ergün, Turkish minister for industry and trade has said that Turkey's first “Silicon Valley” will be based between Kocaeli and İstanbul. Publication Today's Zaman has learned that the valley will be span 1100 acres of land, in what is recognised as the most industrialised region of Turkey. Ergün said...

Posted on 05 November 2010

Unemployment set to Fall as Tesco Invests in Turkey

Tesco is happy with growth statistics from its Kipa chain of stores in Turkey, and will continue its investments the country's retail sector, according to a spokesperson for the country. Tesco CEO and Operations Director Tony Hoggett, outlined new store concepts and future plans for Turkey. “Turkey’s credit ratings are...

Posted on 15 October 2010