7th International Antalya Marathon (Halfmarathon and 10 km) RUNTALYA

On behalf of the whole organisation team, the town Antalya and the Turkish Athletic Federation we would like to thank all participants and assistants of the 7th International Antalya Marathon 2012 ( RUNTALYA )
We are looking forward to welcoming you next year in Antalya.

Brand new Turkish Lira sign revealed

The new Turkish Lira sign was revealed at a press conference today, CNN Türk reported. The new sign was the winner out of 8,362 entries submitted to a country-wide contest.
The meeting to showcase the new sign had been initially scheduled for Feb. 22 but was postponed due to technical difficulties

‘World’s richest man’ to invest in Turkish market

Turkey and Mexico need to sign a free trade deal and lift trade barriers, says Rifat Hisarcıklıoğlu, head of Turkey’s Union of Chambers and Commodity Exchanges

Draft bill will enable citizens of Gulf countries to buy real estate in Turkey

Good news is afoot for Arab and Russian investors who want to buy property in Turkey. A bill for a new law which will allow citizens of countries previously banned from such transactions to purchase real estate in Turkey is almost finalized, and is expected to be submitted to Parliament very soon.

New legislation to facilitate property sales to foreigners

The drafting of a bill which will facilitate the sale of land to foreigners has been completed. The construction and real estate Turkey sectors have high hopes for the bill, which will amend title deed laws and change the current reciprocity requirement. If the bill, which introduces new regulations concerning the sale of property to foreigners, is passed by Parliament, it will facilitate the acquisition of real estate by foreigners.
This week, the bill, which has been drafted at the request of the Environment and Urbanization Minister, Erdoğan Bayraktar, will be discussed in Parliament. The bill is one of a number which will receive preferential attention at Parliament. Speaking to Today's Zaman, Justice and Development Party (AK Party) Parliamentary Group Deputy Chairman Ahmet Aydın said that the bill created expectations among the public. When he was reminded that the agriculture sector has some concerns despite positive expectations from the construction and real estate Turkey sectors, Aydın underlined that during the drafting process of the bill they have considered all concerned parties.

First Int’l Green Building Summit begins

First International Green Building Summit, which aims to create awareness in Turkey about the environmental impacts of buildings and to raise the level of know-how, kicked off in Istanbul on Monday.
The two-day summit is organized by the Turkish Green Building Council (TGBC) –-part of the World Green Building Council (WGBC) network -- with the support from the Ministry of Environment and Urbanism. Chairman of TGBC Haluk Sur and Chairman of WGBC Rick Fedrizzi as well as Environment and Urbanism Minister Erdoğan Bayraktar, Chairman of Capital Markets Board of Turkey Vedat Akgiray and President of Housing Development Administration (TOKİ) Ahmet Haluk Karabel spoke at the opening ceremony.

Trump Towers Mall opens next month

Donald Trump and Ivanka Trump will participate in the inauguration of the Istanbul Trump Towers Mall when it is officially opened April 20.

The majority of the stores at the massive mall complex in Şişli’s Mecidiyeköy area will open to the public March 15, but the official opening ceremony will take place April 20.

Hilton branch to come to Kuşadası Hilton branch to come to Kuşadası

Hilton’s Double Tree hotel is planning to open its first hotel in Turkey’s Aegean region, in the resort town of Kuşadası, in March 2013.

Istanbul’s finance center taking shape

The Turkish government has completed preparations for the Istanbul Finance Center to be constructed soon, said Turkish Environment and Urban Planning Minister Erdoğan Bayraktar yesterday, noting that the new finance center would be bigger than the world’s largest finance centers in New York, London and Dubai.

Istanbul capital of foreign investment

The value of foreign investment in Istanbul in 2011 was more than the total foreign investment in Istanbul for the 2008-2011 three-year period, figures say.

Foreign investment in Istanbul increased by 110.77 percent in 2011 from a year earlier, according to a study released by the Istanbul Chamber of Commerce (İTO). At the same time, the total number of foreign investors increased by 52.4 percent.

EXCLUSIVE: Rixos to run all-inclusive hotel in RAK

Ras Al Khaimah Hospitality Group has appointed Turkish operator Rixos Hotels to manage the 700-room all-inclusive Bab Al Bahr resort scheduled to open in October 2012.

Turkey managed to attract USD 15.7 billion of foreign direct investment (FDI) in 2011

Dünya - Turkey managed to attract USD 15.7 billion of foreign direct investment Turkey (FDI) in 2011, despite the economic and political volatility raging around it. The amount of investments channeled into Turkey last year, including real estate acquisitions and loans injected into local firms from foreign partners, has increased by 74 percent over 2010.

Ankara to host tallest building in Turkey

Turkey’s largest land phone operator, Türk Telekom, has launched construction work for its new Ankara headquarters, which will be Turkey’s tallest building with a height of 192 meters.

Turkey offers Gulf ‘perfect match-up’

Trade between Turkey and the Gulf offer more than the energy business, say Turkish ministers. Turkey’s plans include restoring a historic rail line to the Gulf

Turkey Property sales promise high revenue

The Turkish government expects a substantial amount of revenue from real estate sales Turkey to foreigners, said Turkish Environment and Urban Planning Minister Erdoğan Bayraktar yesterday.

CATHIC conference focuses on Turkey’s economic promise

Yapi Kredi Bank’s Cevdet Akçay kicked off the CATHIC conference with a rousing call to Turkey’s economic and financial community to improve its communication with the rest of the World.  “Turkey has a perception problem because we are not doing a good PR job on our economy.  My idol is Brazil because there are many similarities between our economies, but Brazil is doing an excellent job of managing the perceptions of their economy”.

Abraaj Plans New Turkish Buyouts in 2012 After Acibadem Exit

Abraaj Capital Ltd., the Middle East’s biggest buyout firm, will buy more Turkish companies this year after it raised about $1 billion from selling the Turkish hospital chain Acibadem Saglik Hizmetleri & Ticaret AS.

The Dubai-based private equity firm, which has about $6.5 billion of assets under management, is currently in “significant negotiations with three or four companies” in Turkey, Selcuk Yorgancioglu, Abraaj’s country chief for Turkey, said in an interview in Istanbul yesterday.

Hilton to set up 13 new hotels in Turkey in two years

International hotel chain Hilton Worldwide announced plans to open 13 new hotels in Turkey, increasing the number of Hilton-branded lodging facilities in the country to 33. Turkey’s bridging position between the East and the West, and the country’s rising popularity as a tourism destination have lured the likes of Nikki Beach Hotels, MGM, Emaar, Bvlgari, Armani, Jumeriah, Shangri-La, Mandarin, Rezidor, Wyndam Hotels and Soho House to invest in Turkey’s various cities. Istanbul, alone, will be home to 100 new hotels, some 40 of them 5-star class, over the next two years, taking the city’s bed capacity to 100,000.

Massive complex to turn Istanbul into an ‘international finance center’

The project to turn Turkey’s megacity into an international finance center is coming to fruition as the planning phase gives way to construction. Within the framework devised by the Turkish government, the Istanbul Financial Center (IFC) project will house the head offices of the country’s governing bodies of financial markets, state-owned banks and related businesses.

Turkey Property sales draft at commission

A draft law increasing the limit on the area of land that foreign nationals are allowed to acquire will be on the agenda of the Turkish Parliamentary Justice Commission next week.

Turkey Property is an attractive $ 30 billion of capital projects funds to attract the next 3-5 years, said the Gulf.

With the world's largest oil and natural gas resources in the Gulf region countries (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman) is increasing with each passing year the interest on investment in Turkey.

Gulf countries are estimated to be over $ 2.5 trillion, the world's largest investment funds focusing on the Gulf-which, according to officials from the Turkish Capital, the total value of funds in the Gulf for $ 2.5 trillion, 1.8 trillion dollars in foreign investment goes.

Property Turkey Construction sector grows 10.6%

Turkey’s construction sector grew by 10.6 percent in the third quarter of last year, reaching a total volume of 15 billion Turkish Liras, according to data of the leading construction association of the country released yesterday.

2012 : Turkey Tourism Summit to kick-off

The 2012 Turkey Tourism Summit, which will take place Feb. 8 in Istanbul, will explore how the global economic crisis will affect Turkey’s tourism industry both in terms of opportunities and risks.

Bulgari set to open boutique hotel in Istanbul

Özak GYO, a local real estate Turkey investment firm, is set for an initial public offering (IPO) between Feb. 8-10 after receiving regulatory approvals from the Istanbul Stock Exchange and Capital Markets Board, according to a company press release.

Dedeman’s four-star brand to go abroad

After launching the first Dedman Park hotel in Denizli Turkey in March, Dedeman will expand its Park franchise to Kazakhstan and Russia in two years.

Dedeman Hotels and Resorts International has decided to launch a new four-star hotel chain concept called “Dedeman Park,” which will be geared towards the needs of business travelers.

Turkey : good target for property investor 2012

Property investors may want to turn their attention to the Turkey this year after a single organization claimed that the housing market will continue to growth in 2012.

In accordance with the "Gem investment ", there are many sites that are ideal for investors hoping to buyreal estate in Turkey.

Turkey Real Estate 2012 Yearbook to be launched in May 2012

Working closely with Turkish local partners and property experts, Real Estate Publishers (REP) has begun production on the fourth annual edition of its series of Turkey Real Estate Yearbook acclaimed, to be launched in may 2012.

Wyndham to Open New Istanbul Resort Hotel

(ISTANBUL, TURKEY) — Wyndham Hotel Group recently announced the signing of an agreement to open a second franchised Wyndham Hotels and Resorts property in Turkey, the Wyndham Istanbul Kalamis Marina.

The luxury hotel, owned by Reisler Deri Sanayi Ve Ticaret Limited Siketi, is due to open in autumn 2012.

Turkish construction company Rönesans to invest USD 4 billion in real estate development

Rönesans A.Ş. (RGY), a leading Turkish commercial real estate developer, announced plans Thursday to invest $ 4 billion in real estate in a number of countries during the next four years.
Speaking to reporters after a ceremony at a shopping mall in the southern province of Kahramanmaraş, Chairman Erman Ilıcak RGY said, "$ 6 billion of investments planned in 2010, and already has invested $ 2 billion. The remaining 4 billion will be invested over the next four years. "

Nurol acquires Hürriyet’s headquarters

Nurol Gayrimenkul Yatırım Ortaklığı, a Turkish real estate investment trust, bought Hürriyet Medya Towers, the Istanbul headquarters of Hürriyet Gazetecilik, for $127.5 million, according to a filing to the Istanbul Stock Exchange (İMKB) by Nurol on Jan. 27.

Turkey Property market most popular location

Discover the Delights of Turkish Property

Turkey has been highly sought after as a holiday destination for a long time with around 25 million tourists flocking to the stunning beaches along the Turkish coast each year. The beautiful climate and exotic quality of life help to make Turkey a location that is much in demand.

Istanbul first choice for property investors as European recovery stalls

Analysis of top property markets by PricewaterhouseCoopers finds London struggling to retain status as gold standard of real estate

Istanbul, has retained its top rank for attracting property developers and investors for the second consecutive year. Photograph Herbert Spichtinger/Corbis