Chinese Wanda Group announces its first overseas brand export project,the Istanbul Wanda Vista Hotel

Wanda Hotel Management Company has successfully signed its first overseas brand export project – the Istanbul Wanda Vista Hotel. This means that Wanda has made a significant step forward towards its goal to become a world-class top hotel management company Wanda Hotel has also invested to develop five overseas projects, located in London, Los Angeles, […]

Real estate agencies confident of Turkey’s potential

Demand for real estate investments — especially in housing — is forecast to stay strong in 2017, the head of a Turkish real estate body said on Tuesday. Ali Taylan, chair of the Turkey Real Estate Advisory Agencies’ Federation (TEMFED), told Anadolu Agency his organization expected 2017 to be a good year for the country’s […]

Turkey to give citizenship to foreigners who buy real estate worth at least $1 million

The access to Turkish citizenship has been eased on Wednesday with the official gazette publishing details of alterations to the citizenship law in force. According to the new regulations, foreigners who buy real estate worth at least $1 million with the special condition of not selling it for at least three years, or those who […]

$100 billion to flow into Turkey

The largest companies in Saudi Arabia, Qatar and the UAE have moved some $100 billion for investments in Turkey, according to the Daily Sabah report. During an interview with Bloomberg HT, UAE-based Abu Dhabi Investment Group Chairman Zayed Bin Aweidha revealed that Saudi Arabia, the UAE and Qatar will invest more than $100 billion in […]

Wesley Sneijder purchases a land in Kuşadası,Turkey

Galatasaray footballer Wesley Sneijder who extends his contract to 2018, plans to live in Turkey for a long years.It is reportedly that Wesley Sneijder has purchased a land in Kuşadası region with his close friend Gokhan Saki who is the kick-boxing champion. Starting to make investments in Turkey that the Dutch football star is keen […]

Foreign direct investment reaches $12,61 bln in Turkey

Turkey received USD 12.61 billion in foreign direct investment (FDI) in January-September, up 32 percent over the same period of the previous year. According to data from Turkey’s Central Bank, USD 791 million in FDI entered the country in September, bringing the January-September total to 12.61 billion. The financial services sector emerged as the leading […]

ERBD to invest $1,8 bln in Turkey next year

The European Bank for Reconstruction and Development expects to maintain its pace of investment in Turkey at about $1.7 billion to $1.8 billion in 2015 and 2016. In an interview with Anadolu Agency late Monday, EBRD Turkey director Jean-Patrick Marquet described the bank’s plans to develop its investment in Turkey, the bank’s most important investment […]

Kadıköy region 1071 project by Usta Inşaat

Kadıköy 1071 project is being built by Usta Inşaat in Kadıköy region of Istanbul.The project is composed of residences and commercial units on 15,000 square meters of land. Kadıköy 1071 project includes 560 residences and 31 commercial units.Apartments are designed as 2 bedrooms,3 bedrooms, 4bedrooms and 5 bedrooms.Apartment sizes start at 66 m2.Prices are starting […]

Sector representatives in Turkey expects increase in international house sales

The leading representatives of the real estate industry estimates that house sales to foreigners will increase by 15 or 20 percent in 2016 and the rest of 2015 year will pass positively in the sactor. Coming together in Istanbul CNR Emlak 2015 fair that representatives of the construction and property companies are hopeful about the […]

Blue Green residence project was sold to Arabs in Trabzon,Turkey

Blue Green residence project which construction works are continuing was sold to the Saudi Arabian Almassoud Investment and Construction company with $70 million price. Blue Green project is composed of 610 apartments on 110,000 square meters of land.40 percent of project was completed by Kasır Yapı.Kadir Değirmenci, executive of the company said that the agreement […]