The summit is supported by International organizations such as the National Association of Real Estate Investment Trust, the Urban Land Institute, the European Public Real Estate Association (EPRA) and the Housing Development Administration of Turkey (TOKİ).
Dr Sinan Özkan, chairman of the World Architectural Association, said the desire for new buildings in Turkey should go compatible with modern solutions. In the summits held earlier urban land development, residential investments, foreign capital in Turkey, commercial real estate and good quality constructions are discussed by local and foreign attendees. This is an initiative to find out realistic answers to the main problems in the Turkish real estate market. Nurhan Azizoğlu, vice chairman of GYODER has said that Turkey is a good nation for the property investors to consider. Turkey is an emerging market, house prices are raising at a substantial rate, therefore creating strong capital growth potential.
Meanwhile, Overseas Investors who are looking to buy a property at a realistic price have been pointed towards Turkey. Turkey is getting popular because of its attractions, including its good-quality infrastructure, amenities and year round good climate. These factors, combined with its comparatively low cost of living, are said to make it perfect for overseas buyers.
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