Salı, 05 Kasım, 2024
"İstanbul; the city at the heart of the world… This unique city that melts the energy of Asia experience of Europe and potential of the Middle East, all in one pot, provides easy access to 1.5 billion people and a combined market of USD 24 trillion, all within a four-hour flight. The long standing capital of tree different civilizations including the East Roman Empire lives up to its legacy as the authentic owner of the saying “All roads lead to Rome” as maintains its position as a hub for 8500 years, uninterrupted.
Organically live and on 24/7, the city has an awe inspiring commercial potential at par with its historical significance. Its GDP of USD 250 billion surpasses that of many countries within the EU. ITS unprecedented opportunities offer investors much more than a local center of operation; İstanbul is a unique regional hub for tourism, finance and real estate.
The appeal of investments in real estate has particularly gone beyond the borders attracting USD 5.5 billion of foreign capital per annum. A large part of these real estate investments is based in İstanbul. İstanbul is also home to some landmark mega projects: the USD 10 billion “Kanal İstanbul” connecting Sea of Marmara and the Black Sea, the gigantic third airport that will be able to accommodate 150 million passengers and “Marmaray”, the modern day silk road, is only a few of the many such examples.
The fascinating city’s business world, represented by İstanbul Chamber of Commerce, works relentlessly with the strength of its 400 thousand members and the experience through 134 years of operation, to make new opportunities of investment possible.
İstanbul Chamber of Commerce will be taking İstanbul, the heart of the world, to the heart of MIPIM this year. We want to make the sights and sounds of İstanbul come alive in the 600 square meters “İstanbul Real Estate Promotion Pavilion” and the 96 square meters “Living İstanbul Model” and highlight the opportunities offered by this great city for the attention of the 20,000 real estate professionals expected at MIPIM. İstanbul Pavilion will also be hosting various B2B and bilateral meetings during the event that will pave the way for further cooperation.
İstanbul Chamber of Commerce, in cooperation with the Prime Ministry Housing Development Administration (TOKİ), the pioneer of planned urbanization in Turkey, and the 700 strong delegations from the real estate industry is ready to leave the mark of İstanbul at MIPIM."İbrahim Çağlar / President, İstanbul Chamber Of Commerce
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Turkey's largest real estate investment company Emlak Konut, aims to sell 11 thousand units in its projects in 2016.
Emlak Konut, Turkey's largest real estate investment company by its market value and the size of the land bank & projects, continues to build the most innovative projects of Turkey and affects the rest of the cities where its projects are located. Its brand value is based on years of experience and numerous projects. So far, Emlak Konut REIC has finalized approximate 121.000 units’ tender during 12-year period since 2003. Since its establishment up to date, the Company leads to use environment conscious technology in their both residential and commercial property productions.
Emlak Konut has completed a successful year of 2015 with a total sales value of 5,47 billion Euros and a minimum guaranteed Company share of 2,13 billion Euros in 12 revenue sharing model tenders. The Company owns 9,9 million square meters of untendered land plots in value of 1,06 billion Euros in their portfolio has high expectations for 2016.
Emlak Konut REIC growing with the public offers further strengthened its place among Turkey's most powerful companies with 1,16 billion Euros paid-in capital. Emlak Konut REIC targets to reach an approximate total sellable area of 1,5 million m2 and total sales value of 2,31 billion Euros for all units in its ongoing and pipeline projects in 2016. Emlak Konut REIC expects a net profit of 456 million Euros for the same year as well.
Emlak Konut REIC steps to the future with strong determination and increasing momentum under its people-oriented corporate philosophy since its foundation. It approaches to the goal of becoming a proudly referred global player for this country day by day.
#istanbulmipim
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