Iskan Company, a 100% Turkapital Holding shareholder and Kuwait Finance House (KFH) subsidiary, will introduce Turkey, the 16th largest global economy, and Turkish real estate market to real estate seekers in the Kuwait Turkish Real Estate Forum, which will be held on April 28th and 29th at Sheraton Hotel. Iskan will also provide a platform of a very wide selection of prestigious residential projects and services in Turkey to visitors.
Onder Ergin, Iskan’s CEO, said that Turkish real estate is witnessing a boom. Real estate sector is the central player in Turkish economy and the overall development of Turkish core infrastructure. Total investment volume in Turkish real estate increased by 16% in Q1 2014 compared to that of the same period in 2013. Turkey was ranked first for development prospects and second for new real estate purchases in 2013.
Another important fact Ergin emphasized is that, as of right now, the property sales to foreigners has reached $25bn. He added that Foreign Direct Investment (FDI) inflow reached $12.7bn in 2013 of which $3.1bn was RE. Thus, Turkish real estate market does attract foreign interest. Ergin said that it is time to shine for Turkish real estate economy and encourage real estate seekers to invest in Turkey’s profitable growth opportunities.
Iskan Company is very well positioned and experienced in Turkish real estate sector and constantly strive to be a reliable business partner. One of the reasons that Iskan is very confident in its sector is because Iskan is well aware of all the demands and expectations of stakeholders, partners and clients and committed to create good values for them.
Lastly, Ergin indicated that the location has always been a significant determinant of a property’s value and Turkey is definitely the right location to invest in.
Marketing & PR Department
Kuwait Finance House – KFH
Tuesday, April 22- 2014 @ 9:17 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.