Economics
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The Anadolu news agency published data on the growth of profits, turnover and capital of companies selling real estate in Turkey. According to the report, agency sales for ten years (from 2010 to 2019) increased from 4.5 billion TL to 32.9 billion TL. The internal gross sales of companies increased during this time from 4.1 billion TL to 31.1...
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The gross sales of Turkish real estate companies from 2010 to 2019 increased almost fivefold: to 473.6 billion TL. This information was published by the real estate newspaper Emlak Kulisi with reference to the Anadolu news agency. According to Anadolu, the total gross sales of companies in 2010 amounted to 96.3 billion TL, in 2015 - 215 billion TL,...
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Turkey is optimistic about the United States and European countries, which manage to earn serious money on the sale of apartments and houses to foreigners. However, in Turkey itself, the share of foreign investors in housing is still 3.5 percent. These figures have been published by Emlak Kulisi, the construction and real estate newspaper in Turkey...
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The Turkish authorities have launched the process of the country's transition to domestic production of construction and finishing materials. It was decided to take these measures in order to reduce the cost of real estate in Turkey and to support its producers. While Turkish building materials are exported to more than a hundred countries around...
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Recently, Turkish developers have been moving to Europe at an increasingly dynamic pace. They buy or lease a large amount of land, build real estate for various purposes and take part in large-scale farming investment projects. If earlier the main directions for Turkish companies included the countries like Sudan, Pakistan, Argentina, Malaysia, the...
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According to the data published in the quarterly real estate market report in Turkey, 624 thousand apartments and houses were sold in the country for the six months of 2020. What preceded this? The last quarter of 2019 (as well as the first two months in 2020) turned out to be quite busy for the Turkish economy and its commercial structures....
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The engineering and construction company KDM, which provides construction, management and rental services for more than fifty shopping centres, has published a map of shopping centres in Turkey. According to the results of the company's research, in 2006-2015, 278 shopping centres were opened in the country, in 2016-2020 - 80 shopping centres. Now...
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420 thousand apartments and houses were sold in Turkey in June and July 2020. These figures have been published by Emlak Kulisi, the construction and real estate newspaper in Turkey. The reason for the record sales is the mortgage campaign with the interest rate lowered to the lowest level of 0.64 percent. So in June 2020, 192,012 housing objects...
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Representatives of Turkish construction companies, included in the TOP-250 best developers in 2020, spoke about the plans and the real state of the sector. According to Bloomberg LP with reference to the Turkish Contractors Association, 44 Turkish construction companies were included in the 2020 world ranking. Turkey ranked second in terms of the...
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The American magazine on construction Engineering News Record (ENR) has published the list of the 250 largest contraction companies in the world. Turkey is already in the second place in the ranking! The ENR professional rating is based on the annual income of international construction companies at home and abroad. In last year's ranking,...
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