Emerging Trends in Real Estate® Europe 2012

The report entitled “Emerging Trends in Real Estate® Europe 2012”, prepared through the collaboration of PwC and the Urban Land Institute (ULI) ranks Istanbul as the top place for investment and development for two years running. The results of the Emerging Trends in Real Estate® Europe 2012 were announced to real estate professionals at a meeting held at the Istanbul Swissotel on Tuesday, 7 February 2012. During the event, leading professionals in the industry discussed the results of the report and recent developments in the sector.

This year’s Emerging Trends report ranked Istanbul first for new investments and first for development thanks to its strong economic growth opportunities and demographic credentials created by the young and growing population. The report also notes that Turkey possesses high potential as a result of consumer spending, strong developments in the retail sector and the surging presence of large international companies. According to the report, Turkey’s appeal is based on a long-term view of the future.