Turkey

BLG Capital has raised a total of €152 million of equity at the final close of its second opportunity fund following strong demand from U.S. and European institutional investors.

REC Partners have expanded their international team in the Istanbul office. Faruk Baser has been appointed Country Director Turkey. At the same time, Alev Kahraman will be Director Business Development Turkey and CEE.

Turkish logistics company Arkas Holding S.A. and Duisport announced the creation of a new joint venture at Logitrans, the leading Turkish logistics trade fair. The objective of the joint venture is the joint development of multimodal logistics parks, and the development of intermodal services in Turkey. The agreement was sign...

The McCabe family's Scarborough Group International, the UK and international real estate investor and developer, has selected Beijing Construction and Engineering Group (BCEGI), the Chinese construction and engineering firm, as their preferred contractor for its 24-acre Middlewood Locks development, a new residential and com...

Bilfinger Real Estate has won a contract from real estate developer and investor Kiler REIC for the management of two shopping centers in Turkey. These centers are the Sapphire in Istanbul, which at 261 meters is the tallest building in Turkey, and the Westa Mall in Zonguldak on the Black Sea coast. Bilfinger Real Estate is r...

After a construction period of 18 months, Park Afyon in Afyonkarahisar, last week opened its doors to the visitors. The investor of the 120 million dollar project is Afyon Girişim A.Ş.. ECE Türkiye is responsible for the planning concept, the leasing and the long-term management of the shopping center. Park Afyon is already t...

Starwood Hotels & Resorts Worldwide continues to accelerate growth in Turkey with the opening of Four Points Istanbul Dudullu. Located in the heart of Dudullu – Istanbul's largest industrial zone – the hotel is on the Asian side of the city with easy access to the Trans-European Motorway (TEM) and only a 20 minute drive from ...

JLL today announced the acquisition of AVM Partners, the leading Istanbul-based retail management and leasing business, creating the clear market leader for retail real estate services across Turkey.

CBRE has been appointed by Feryapi as an exclusive leasing agent on the first office campus in Istanbul, named Premier Kampus Ofis.

Forum Diyarbakır, Multi’s 15th shopping centre in Turkey, opened its doors on the 10 th of June. Multi Turkey’s second project in the country’s south-eastern Anatolia Region, Forum Diyarbakır is set to become the new centre of attraction of this ancient city, thanks to its distinctive architecture, its exclusive mix of 13...

ECE takes over the management of two further shopping centers in Turkey: these are MaviBahçe in Izmir which is currently under construction and Aqua Florya in Istanbul which has been in operation since November 2012.

Turkey now offers some of the best opportunities in Europe to invest in golf property, boosted by the launch this year of an initiative to grow its share of the golf tourism market, said Spot Blue International Property in April.

Mövenpick Hotel Istanbul Golden Horn will open on March 31 the 136-room Mövenpick Hotel Istanbul Golden Horn in Istanbul. The hotel is located on Istanbul's historic peninsula just 10 minutes away from the Old City's famous historic highlights, 10 minutes from the Haliç Congress Centre, 16 km from Atatürk International Airpor...

REC Experts GmbH has been awarded a large-scale order for the technical consultancy of 11 shopping centres in Turkey by the Multi Corporation project developer.

Shortnews Hilton Garden Inn, Hilton Worldwide’s brand of upscale yet affordable hotels, announced the opening of Hilton Garden Inn Istanbul Airport, representing an addition to the brand’s growing portfolio of more than 600 hotels worldwide. The hotel features six meeting rooms offering more than 250 square metres of flexible meeting s...

InterContinental Hotels Group has announced the opening of Holiday Inn Ankara Çukurambar; the first Holiday Inn hotel in Turkey to implement the brand’s trend setting Open Lobby.

Annapolis-based Roy Higgs International has announced the firm's appointment to design the retail portion of Metropol Istanbul, a global mixed-use project and architectural landmark of Istanbul that is rising within the borders of the Istanbul International Financial Center in Ataşehir.

Axis Istanbul Shopping Center & Office includes 170 shops on 40,000 m² GLA in the first and 20,000 m² GLA in the second phase; Sur Yapi Marka Shopping Center & Residence includes 220 shops and 65,000 m² GLA.