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Turkey Real Estate Review / 2022 First Half

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The Istanbul Finance Center project is expected to be completed in 2022. The approximately 703,000m² of office stock to be added to the existing stock will consequently boost vacancy rates in the region. However, after the relocation of financial institutions required by the project, we expect fresh relocations to this area to become a more prominent factor. 2022 might be early for this expected shift, but we believe that vacancy rates in the Kozyatağı/Ataşehir region will begin to fall in 2023 and 2024.

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Turkey Real Estate Review / 2022 First Half

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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). 

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