Invest News DetailHurriyet Daily News - Turkey, along with China, Brazil and Poland, are the rising stars of the real estate sector for investors as they promise higher profits than more expensive European centers, says Robert M. White, Head of Real Capital Analytics. According to figures from the research company, significant commercial property sales of USD 12 billion have taken place since 2007 in Turkey. Turkey is also "the most frequently queried country" on the Real Capital Analytics website among emerging markets, said White, adding that customers of the company are mostly interested in the retail sector. White's analysis of the success focuses on the weight of listed companies - Turkey's real estate investment trusts (REIT). "This is what distinguishes Turkey from the rest of Europe; REITs accounted for 40 percent of transactions last year. In Europe, the average figure is 10-12 percent. In the United States, it is 25 percent and in Asia, it is around 35 percent,” he said. In addition to improved transparency, publicly traded companies can access debt-equity much more easily than private firms, said White. "This is one of the reasons Jones Lang LaSalle upgraded Turkey in terms of improvement in transparency." Jones Lang LaSalle released its 2010 Commercial Real Estate Transparency Index last June, declaring Turkey as the most improved market. "The expected growth in REITs and increasing foreign investment inflows ... is expected to boost transparency levels further," said the company.