Skip to main content Skip to footer

Turkey Real Estate Review / 2018 Second Half

Download Report
Under the terms of Notification No. 32 relating to the Law for the Protection of the Turkish Currency, most property owners have now begun to declare their list prices in Turkish Lira. The rise in TL office rents seen in 2017 was maintained through to the end of 2018. The average rent for Class A buildings in Istanbul overall came in at 100TL/m²/month in the last quarter of 2018. While rents rose in TL, they fell in USD terms due to the devaluation of the Turkish Lira against the US Dollar.

webnew554x310

Turkey Real Estate Review / 2018 Second Half

Download Report
Related Experts

Ahmet Ozgur MRICS

Director | Head of Valuation and Advisory Services

Istanbul

Ahmet is a Head of Valuation&Advisory Services Department of Colliers International Turkey.

He joined Colliers International Turkey in 2005 and is responsible for managing the project team concentrated on preparing comprehensive valuation, financial feasibility and highest and best use analysis reports.  He also manages the daily operations, client relationships and supervises the team.

Throughout his career, he has been involved in numerous valuation and consulting activities including portfolio and single asset valuations, highest and best use analysis, feasibility studies, market analysis and discounted cash flow analysis. His areas of specialty include Office, Retail, Hospitality, Industrial and Residential projects.

He is a certified Capital Markets Boards of Turkey appraiser and a member of the Royal Institution of Chartered Surveyors (RICS). 

View expert

Ceren Egeli MRICS

Associate Director

Istanbul

Ceren is senior consultant in Advisory Services Department of Colliers International Turkey.

She is responsible for preparing comprehensive valuation, financial feasibility and highest and best use analysis reports for all segments of real estate.

 

View expert

Damla Erdem Ozis

Senior Consultant

Istanbul

Damla joined Colliers International Turkey’s Advisory Department in 2010. Since joining Colliers, Damla has conducted valuation, financial feasibility, highest and best use and market research studies in every asset class in various locations.‚Äč She is a certified Capital Markets Boards of Turkey appraiser.

View expert

Lara Gezgin

Director | Marketing and PR

Istanbul

 

Since 2013, I've been working for Colliers Turkey, in the capacity of  marketing and public relations. Periodical reports, announcements made to our customers, media relations, making and maintaining the website are some of my job outcomes. Before Colliers I have worked many years in International companies under operations.

View expert