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Tag Archives: Turkey

Turkish Exports Increase in March

Turkish exports grew 22.8% year on year in March according to the latest figures from the Turkish Exporters Assembly (TIM), taking the monthly total to $11.7 billion. According to the data, the majority of the exports ($1.4 billion) came from the car industry. TIM chairman Mehmet Buyukeksi said that these...

Posted on 07 April 2011

Akbank Subsidiary to Launch 4 New Turkish Real Estate Funds

Four new capital protected property funds are to be launched in Turkey by Akbank subsidiary Ak Asset Management. The funds, which will be linked to food, gold and oil prices are due to be opened next month. "The capital protected property fund has started to gain a larger share in...

Posted on 31 March 2011

Turkish Property Boosted by Strong German Recovery

Turkey, as part of the Central and Eastern European region is benefiting from the rapid recovery being seen in the German economy, says a leading expert in the field. "Though southern Europe is having serious troubles, we are observing very strong growth in Germany and the Central and Eastern Europe...

Posted on 26 March 2011

British Tourism to Turkey Climbs 10% in 2010

The latest data on Turkish tourism shows a 10% year on year growth in British visitors in 2010. According to the data, Turkey received an impressive 28.6million visitors last year, 2.67 million of those were British. "Turkey has gone from strength to strength in the UK market," said Tolga Tuyluoglu...

Posted on 25 March 2011

Turkey Named as One of Top Property Investments in World

Turkey has been highlighted as one of the top choices for global property investors by a leading expert. Speaking at the MIPIM event in Cannes, France, Robert White of Real Capital Analytics told reporters that the BRICs are no longer the top dogs of global property investment, that now the...

Posted on 13 March 2011

Antalya Named One of Top 4 Tourist Destinations in World

Who would a thunk it? In 2008 the Association of British Travel Agents caused a stir in 2008, when they revealed that Dalaman  was the number one destination for British tourists. Well, now the Turkish Culture and Tourism Ministry has revealed that Antalya is now one of the 4 most...

Posted on 26 February 2011

Istanbul Airport Traffic up 70% in 2010

Traffic through the Istanbul Sabiha Gocken airport grew by an incredible 70% last year compared to 2009 according to data from air traffic data collation website Anna.Aero. Even more incredibly this growth saw the airport become the second fastest growing in the world, beaten only by the airport at Kaunus...

Posted on 11 February 2011

Major chain to open two new hotels in Bursa, Turkey

Starwood Hotels & Resorts have just signed an agreement with Faik Celik Turizm to develop two new hotels in Bursa under the Sheraton and Aloft brands. They are expected to open in 2013 and are located in a rapidly developing residential and business area adjacent to the upcoming football stadium...

Posted on 10 February 2011

Kalkan Property Still a Fantastic Buy

When it comes to Kalkan property some would argue that we have missed the boat. In the Financial Times this week we read about Liz and John Lockhart, who purchased in Kalkan 12 years ago, when they were attracted to the underdeveloped town, no homes for sale, “and not even...

Posted on 04 February 2011

Turkey FAQs Part I: What is the Capital of Turkey?

To the people who know Ankara is the capital of Turkey, similarly to those who know the answer to a question on any capital city, it beggars believe that it is something many people do not know. But indeed in this case it is, because it is one of the...

Posted on 03 February 2011