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.

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.

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.