Salı, 05 Kasım, 2024
İstanbul, February 15, 2017 - İstanbul Chamber of Commerce ICOC will set up a real estate pavilion for İstanbul at MIPIM, The World's Leading Property Market. The pavilion will be in the most prestigious strip at the Market where leading financial capitals like Paris and London will also be located.
İstanbul Real Estate Pavilion at MIPIM that will take place in Cannes, France on March 14-17 2017 will be themed ‘two continents, one city’ and will welcomes its visitors to be a B2B meeting point for global investors from 90 countries and İstanbul’s real estate companies.
Time to sign new business contracts
President of İstanbul Chamber of Commerce, İbrahim Çağlar, stated that every inch of the 685 m2 İstanbul Pavilion was planned with great attention to detail to create a meeting space that is fit for purpose, bringing together global investors with İstanbul based real estate companies. Çağlar said: “We have significantly enhanced İstanbul’s image in the past two years with our İstanbul Pavilion efforts. MIPIM’s long time visitors now have this wonderful image in their hearts and minds, and now is the time to reap the benefits by signing new contracts.”
Turkey's largest real estate investment companyEmlak Konut, aims to sell 9.900 units in its projectsand reach 453 mn Euros net profit in 2017.
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 whole of Turkey. Its brand value is based on more than 60 years of experience and completed numerous projects with success. So far, Emlak Konut REIC has finalized approximate 127.000 units’ tender during 14-year period since 2003. Since its establishment up to date, the Company leads to use environment conscious technology in its all projects and breaks new ground.
Emlak Konut has completed a successful year of 2016 with a total estimated sales value of 1.62 billion Euros and a minimum guaranteed Company share of 574 million Euros in 7 revenue sharing model tenders. The Company owns 9,9 million square meters of untendered land plots in value of 1.38 billion Euros in their portfolio has high expectations for 2017.
Emlak Konut REIC growing with the public offers further strengthened its place among Turkey's most powerful companies with 957 million Euros paid-in capital. Emlak Konut REIC targets to reach an approximate total sellable area of 1.3 million m2 and total sales value of 2 billion Euros for all units in its ongoing and pipeline projects in 2017. Emlak Konut REIC expects a net profit of 453 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.
15 Şubat 2017 Çarşamba
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