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Tag Archives: istanbul

Istanbul Tourism up 16% in 2011

Istanbul is currently one of the hottest places for buy to let investment in the world. The population is huge and growing so rapidly in numbers and affluence, that developers simply can't build fast enough to meet the demand for quality property to buy and rent. But it is also...

Posted on 07 January 2012

“Istanbul is one of the most exciting and interesting cities of Europe, if not the world”

3 January 2012, Ankara  - The man who coined the phrase BRIC economies the world renowned economist and Chairman of Goldman Sachs Asset Management Mr Jim O’Neill predicts the next 10 years will see another set of emerging powers including Turkey taking over. In a recent interview O’Neill said “If...

Posted on 03 January 2012

New Flights to China Boost Istanbul Ataturk Airport

Last week saw Istanbul Ataturk's already award-winning global destination coverage increased further, when China Southern announced new flights to the airport from Beijing via Urumqi in the northwest. The flights start running Tuesdays, Fridays and Saturdays, served by 191 seat 757-200s. However, there are plans to expand on this quickly...

Posted on 02 December 2011

Istanbul’s gas supplier to go private

30 September 2011, Turkey - “IGDAS is the next company to be put to tender by IBB” said Adem Basturk, the Secretary General of IBB (Istanbul Metropolitan Municipality) about IGDAS (Istanbul Natural Gas Distribution Company) in a recent statement. IGDAS is expected to be privatised in 2012. IGDAS serves 4...

Posted on 30 September 2011

Thirty nine new five star hotels in Istanbul

22 September 2011, Turkey – According to new report by Turkey’s TUROB (Touristic Hotels and Investors Association) hoteliers are flocking to Istanbul and currently there approximately 100 new hotels under construction in there. TUROB President Timur Bayindir said “The wave of new hotel investments in the city will add a...

Posted on 22 September 2011

Istanbul Airports Make News for Series of New Routes

We have learned from airline data collation service anna.aero, that Pegasus Airlines increased its coverage of Germany out of Istanbul Sabiha Gocken this week, when it announced the launch of a new 3-weekly services to Nuremberg in German Bavaria. The route is to be serviced by the airline's 737-800s with...

Posted on 07 July 2011

Istanbul Ataturk Welcomes New Flight Routes

The Istanbul tourism and property market are set to be boosted by new flight links with Genoa. Turkish Airlines has just launched a new route to the Italian city, flying 3 times weekly (Wednesday, Thursday, and Saturday) from Istanbul Ataturk (IST), with an additional flight to be added from June...

Posted on 09 June 2011

Both Istanbul Airports Win in the ANNIES 2011 Awards

Both of Istanbul's airports have won awards in the ANNIES 2011 by leading airport data collation service Anna.Aero. Istanbul Ataturk was joint winner of the "Airport with the most new non-European routes" award, having added 8 new routes and lost one to Islamabad in the last year. The new routes...

Posted on 20 May 2011

Property in Istanbul No 1 Investment in Europe says PWC

Property in Istanbul has been ranked the number one investment in European Real Estate after a major survey of investors and property professionals across Europe carried out by Price Waterhouse Cooper and the Land Institute. Investors surveyed for the Emerging Trends in European Real Estate report ranked Istanbul number 1...

Posted on 15 May 2011

Developments Securing Istanbul’s Place as one of World’s Great Cities

Istanbul continues to grow into one of the world's most impressive cities. This week it was revealed that Arista, an affiliate of Turkey’s Ar Group, is set to invest nearly $1 billion into new office and residence projects in the city. The news came in the same breath as we...

Posted on 13 May 2011