11/11/2011

Turkey’s real estate sector draws big foreign investments

Hurriyet Daily News - According to data provided by the “Real Estate Sector in Turkey and the World Second Quarter 2011” report issued by the Association of Real Estate Investment Companies (GYODER), foreign direct investment into the Turkish real estate sector more than doubled in the second quarter of 2011 compared to the first quarter of the year. The inflow of foreign direct investment into the real estate sector, which was registered at USD 92 million in the first quarter of 2011, totaled USD 200 million in the second quarter of the year, thus resulting in the highest amount of capital inflow in the past eight quarters. Meanwhile, the total value of real estate sales to foreigners in the second quarter of 2011 was registered at USD 781 million, which translated as the highest amount of sales in eight quarters.
/Style%20Library/Invest/images/news.png
gyoder; real estate; realty; turkish real estate; fdi in real estate; real estate investment; investment in realty