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Tag Archives: Real Estate

Turkey Real Estate Investment to Hit 10 Billion USD Annually

According to the latest data from the Association of Real Estate Investment Companies (GYODER), global investors ploughed 720 million USD into Turkish property investments in the first quarter of this year. This represents a growth of 89% compared to Q1 2012 according to the firm, which predicts that Turkey will...

Posted on 21 June 2013

New Istanbul Financial Centre aims to outclass London and New York

Istanbul, 9 February 2012 - The new Istanbul Financial Centre project in Atasehir on the Asian side of Istanbul is taking shape with construction underway. The Financial Centre has the full backing of the Turkish Government with many of Turkey’s governing bodies of rapidly growing financial sector being house in...

Posted on 09 February 2012

Southern Turkey opens largest Eastern Med marina

29 November 2011, Ankara - Mr Binali Yildrim, the Turkish Minister of Transportation, Maritime and Communications has opened the largest Eastern Med yacht marina in the southern Turkish town of Mersin. The marina has cost 100 million TRY (About 54 million USD) and can berth up to 1,000 boats. Mr...

Posted on 29 November 2011

Turkey to make it easier for foreigners to buy property

15 November 2011, Istanbul - The Turkish law of property purchase reciprocity is expected to be lifted in 2012. The law bans foreigners from 89 countries buying a property in Turkey because Turkish nationals cannot freely buy a property in that reciprocal country. These banned countries include Russia, Gulf States...

Posted on 15 November 2011

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 Property Shines as Best Performing Regional Market

Turkey is recovering from the global financial crisis strongly, with its economy ranked as one of the best and most stable performers in the region, according to a recent report from real-estate brokerage Cushman & Wakefield. Real estate investment brokerage Cushman and Wakefield have reported that Turkey is one of...

Posted on 21 October 2010

Turkey Property (whole Industry) Benefits from Return of British Buyers

There have been numerous signs in the past few weeks that the overseas property industry can breathe a sigh of relief; the worst seems to be over. Overseas Property Professional magazine has featured several articles quoting industry professionals reporting increased leads, and increased sales, including a surprising run on off...

Posted on 25 September 2009

Colliers Issues Upbeat Report on Turkish Real Estate

Colliers international, the giants of world commercial real estate have issued a detailed analysis of the Turkish real estate market. The overall thesis of the report is that the recovery has already begun, and will continue to gather pace, with strong growth resuming in the second half of 2010. Still,...

Posted on 11 September 2009

The Growing Popularity of Turkish Property

Turkey was the 4th most popular country with those searching to buy overseas property in August, according to a chart released yesterday by overseas property portal Property Abroad.com. This was above Portugal, Italy, Cyprus and Greece. In an article on Turkey's rising popularity, the portal has put its position in...

Posted on 09 September 2009

Turkish Property Prices Up in July

Turkish property prices increased in six major cities in July, according to the most reputed index ran by reidin.com in conjunction with Garanti bank. The biggest increase was a 3.65% growth in Kocaeli house prices, Adana was a distant second with 1.09%, Ankara third with 0.98% house price growth, and...

Posted on 27 August 2009