Bugün - Istanbul, Turkey’s largest and most populous city, has become the center of attention for international realty investors.
According to the “Emerging Trends in Real Estate Europe 2011 Report” that analyzes the latest trends in the real estate sector for both investment and development prospects, Istanbul offers the most exciting opportunities for real estate investors in Europe.
In the report jointly published by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC), Istanbul ranks first in terms of “Development Prospects”. Istanbul also rose five places in the category of “Returns from Existing Investments”, securing second place. Real estate investors tend to invest most in projects that are in the early stages of construction, the report stated.