Good news for both retailers and investors as the Turkish retail sector continues to expand. Total household spending is predicted to increase by around 5% in the period from 2016-2019. This presents a whole range of opportunities according to new research presented in a recent BMI Research report.
Ray Gaul, a retail analyst with Kantar Retail, sums up the continuing strength of the retail sector. In a recent interview he confirmed that “Turkish retail has seen a robust growth …More>>>
The Turkish property market is going from strength to strength with high levels of growth reported in 2015. New statistics published by the Knight Frank House Price Index indicate that Turkey is second in Europe for real estate growth.
The average real estate price in Turkey rose by almost 19% in just twelve months. The average increase in the index was only 0.3% this stark contrast clearly illustrates Turkey’s prosperity for investors.
A total of 56 Countries were included …More>>>
It will soon be easier than ever for residents of Istanbul to get around the city, with a separate route been proposed for heavy goods vehicles.
The current route takes them from the Ambarli Port to Yalova’s Topçular district across the roads and highways. However, with the construction of a new harbour the trucks will be transported via a two hour sea voyage.
The project aims to reduce the strain on Istanbul’s roads by between two thousand and three …More>>>
Akbuk Resort Group’s Beach Club facility opened for the first time during May. The club adds further amenities to Ramada Resort Akbuk and the impending Unity Bay Resort which will be recognised as Ramada Hotel & Suites, Akbuk Hills once open to guests in 2017.
The gated beach club welcomes the general public too, and with the clubs mini water park proving as much fun for the adults as the children, other hotels in the area have undertaken to …More>>>
Turkey continues to be a hub of foreign investment with more and more people recognising the potential that the country has to offer.
It has been revealed in a recent UN world investment report that in 2014 levels of foreign investment reached record levels. Reportedly over 12 billion dollars has been invested into Turkey pushing it even higher in the list of developed countries.
The chairman of the International Investors Association of Turkey (YASED), Ahmet Erdem, said that providing …More>>>