The Australians land in Turkey

Toll Group, the Australian integrated logistics company, is looking to expand its business in Turkey. The Melbourne based company recently started business in Turkey through its Toll Global Forwarding division and has entered negotiations to acquire a local Turkish company. The Toll Group is one of the Asia Pacific region’s leading logistic companies with approximately […]

Saudi polypropylene company to invest in Turkey

One of Saudi Arabia’s fastest growing companies Advanced Petrochemical Company is planning to build a polypropylene production plant in Turkey. Expected to open by 2015 the plant will one of its key plants outside the company’s home country. The new venture will be in partnership with a local Turkish company. Chemical polypropylene is used in […]

Turkish Parliament Adopts Long-Awaited Property Bill

Foreigners from any country in the world can now buy property in Turkey. In 6th of May 2012 saw the Turkish parliament adopt a bill dropping reciprocity from the laws governing foreign ownership in Turkey, which had prevented people from 89 countries where Turks couldn’t buy property, from buying property in Turkey, the Gulf States, […]

Jordan and Turkey Plan Joint Tourism Packages

Jordan and Turkey have been discussing further cooperation in the field of tourism, and are expected shortly to unveil new joint tourism packages aimed at long-haul tourists. Jordan tourist board director General Abdul Razaq Arabiat said Jordan is already receiving visitors from the likes of Brazil, Australia, Japan and Korea, but is very much focussed […]

What will the new real estate law bring to investers in Turkey?

In real estate the real estate m2 prices are also low if you compare with the other metropol cities in the world. This is one of the indicators that Istanbul is one of the cities which can be invested in real estate area. For real estate buying the new law which removes the reciprocity rule […]

A new project launching in Istanbul Eyup

In Istanbul in the Eyup district two groups Bayraktar and Gursoy together launching a new concept project. One of the Turkey’s biggesst shopping and entertainment center. It will be introduced in 28th May 2012 monday, but it will open in 23rd April of 2013. It will be a concept of Turkey’s first mega entertainment park […]

Turkish Property Searches Increased By 21% In May

Searches for Turkish property increased by 21% according to the latest release of the Rightmove Overseas Search report containing data based on searches conducted during May. The growth saw Turkey climb one place to take 11th place on the country chart. Searches for Turkey property have grown almost constantly this year. In January searches increased […]

House sales decrease amid rising loan costs

The real estate market in Turkey has been hit hard by the rising interest rates for mortgages and the political stalemate of newly elected deputies who have so far refused to take their parliamentary oaths, İstanbul Chamber of Real Estate Brokers President Sabri Ateş has said. In remarks to the Anatolia news agency on Wednesday, […]

In Turkey coastal structures, prior authorization ease

According to the new published communiqué about the constructions and facilities build on coasts and coastline and land acquired through the filling and drying in Turkey, if the investers prefer, with the prior authorization from General Directorate of National Real Estate of Turkey planning process can be initiated. But, this prior authorization does not mean […]

Turkey plans to open bank in China

The Turkish Central Bank and the Chinese Central Bank are negotiating to support trade in national currencies, says Turkish Deputy PM Ali Babacan (2nd L). The Turkish Central Bank and the Chinese Central Bank are negotiating to support trade in national currencies, says Turkish Deputy PM Ali Babacan (2nd L). Turkey plans to open a […]

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