| Istanbul, May 9, 2005: Organised by GYODER, the Association of Real Estate Investment Companies. Hotel Ciragan Palace, 9-10 May. |
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| Istanbul, April 13, 2005: Dutch Corio (one of the largest quoted property companies in Europe) announced that it has subscribed to 46.9% of Akmerkez IPO. |
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| Istanbul, April 4, 2005: Akmerkez, one of the largest shopping malls in Istanbul launches an IPO of 49% of its shares (REIT) for 7 - 8 April. At TL36-44 per share, the market capitalisation of the company will be US$366-447m. Akmerkez will be a single asset REIT, with dividend yield.
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| Istanbul, March 15, 2005: The constitutional court cancelled part of the law governing purchases of real estate in Turkey to foreigners, effective in three months. Details were not given; Court Deputy Head Kilic said that the intention was not to stop sales to foreigners but to make sure sufficient pre sale checks are in place. Foreigners' purchases of real estate totalled US$1.34bn in 2004, or 80% of FDI into Turkey. |
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| Genesis Villa Sales aims to cover the gap in the Bodrum real estate market. |
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| Download a copy of our exclusive portfolio of Bodrum villas. |
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