Today Turkey, which is the 16th biggest economy in the world, harbors great aspirations for the next decade such as becoming one of the world’s top 10 economies and making Istanbul a finance capital.
Turkey has already taken giant strides towards having a greater focus on the construction and real estate sectors. Turkey, which has succeeded in becoming one of the rare countries that received “investable” rating from international rating agencies in recent years, also manages to maintain stability in the real estate sector. According to the “Emerging Trends in Real Estate 2013” conducted by PwC (PricewaterhouseCoopers) and ULI (Urban Land Institute), Istanbul continues to be one of the most popular destination for future development opportunities. Many other Turkish metropolitan cities represent significant investment opportunities.