Turkey
Real Estate News

Russia Overtakes France as Europe's Largest Shopping Mall Market

Russia Overtakes France as Europe's Largest Shopping Mall Market

After a number of large-scale malls were delivered to the European market in H2 2014, Russia has now broken France's 43-year reign as Europe's largest shopping centre market. Read More »


€70 Billion of European Real Estate Loan Sales Forecasted for 2015

€70 Billion of European Real Estate Loan Sales Forecasted for 2015

According to Cushman & Wakefield's European Real Estate Loan Sales Market Report, there was €12.2 billion of closed European commercial real estate loan and real estate owned transactions in Q1 2015. Read More »

Vietnam Top Global Outsource Market as Chinese Labor Cost Rise

Vietnam Top Global Outsource Market as Chinese Labor Cost Rise

Vietnam has been revealed as the world's top outsourcing location for the first time, according to new research from global real estate adviser Cushman & Wakefield. Read More »

Upscale Lifestyle Driving Global Property Investment for UAE's Wealthy

Upscale Lifestyle Driving Global Property Investment for UAE's Wealthy

A cosmopolitan lifestyle is expected to be among one of the main factors that influence the selection of a real estate investment destinations for Middle East buyers in 2015. Read More »


Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated April 21, 2015 9:50 AM ET

Turkey

According to Cushman and Wakefield, Europe, Middle East and Africa (EMEA) will enjoy a significant increase of property investment activity in 2015.

International real estate consulting firm Knight Frank is now reporting that their Global House Price Index has risen for eight consecutive quarters.

The European hotel development pipeline comprises 925 hotels totaling 149,866 rooms.

A total of 39 million square meters of new shopping center space is currently under construction across the world's major cities.

Central and Eastern Europe (CEE) continued to dominate shopping center development activity last year.

Istanbul's office market hit a record high for office market transactions in 2013, dominated by large owner-occupier deals.

Approximately 14.1 million square meters of new shopping center space is expected to be delivered across Europe in the next two years.

Starwood Hotels & Resorts Worldwide plans to increase its European hotel portfolio by almost 40 percent in the next five years.

As investor interest continue to grow, home prices increased 12.9 percent in July.

St. Regis Hotels & Resorts has signed an agreement to open the brand's first location in Turkey.

The violent street protests that have rocked Turkey are rooted in years of political and religious tension.

Wyndham Hotel Group recently announced plans to enter the U.A.E. with its first property in Dubai.

Turkey has announced plans to issue one-year residency permits to foreigners who purchase property in the country, as part of a larger campaign from the Turkish government to attract more foreign homeowners.

The number of shopping center in development around the world is up 15 percent from a year ago, with more than half of the projects in China, according to new data released by CB Richard Ellis.

European hotels posted mixed results in February as cold winter weather impacted travel, according to the latest STR Global data report. "Major airports saw delays and closures due to the winter storm earlier in the month, which affected hotel performance across the region,"

Government measures implemented to slow soaring home prices in Hong Kong didn't work in 2012. Home values rose 23.6 percent for the year, the largest increase in the world, according to the Knight Frank Global House Index released today.

Turkey real estate sales dropped by 2.35% in the third quarter compared to the previous period, but the news wasn't all that bad. When compared with results of the same period last year, general sales have experienced a growth of 1.76%. Averaging the last four quarters, a 6.76% increase was seen in sales in general.

The republic of Turkey, with a population of 75 million in western Asia, wants to be a noticeable player in the world's real estate markets. The country's real estate growth plans are ambitions. Turkey wants to attract up to $10 billion a year to its property market from investors in Europe, Asia and the oil-producing states around the Persian Gulf, including Iran, Iraq, Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates, and Oman.


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO