10/6/2008

Turkey attracts real estate investors

Turkish Daily News - Despite the financial crisis in the global markets, Turkey is still considered a developing real estate market, Hakan Kodal, chief executive officer of Krea Group, told press members in Istanbul. “Turkey has never been on the international real estate investors' agenda as it is now. There is an increasing interest in developing markets in terms of real estate investments,” Kodal said. “As the global credit crunch hit the developed markets, it resulted in a rise in demand in emerging markets. Therefore, many real estate investors plan investments in Turkey” Kodal told journalists.
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