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ArkiPARC 2008 -first international property exhibition in Istanbul

Monday, October 13, 2008

People who are thinking of buying a foreign property have been advised that investing in Turkey could be highly profitable and Istanbul will host Turkey's first international property and architecture exhibition next month, in a move to further increase demand for property in Turkey.

ArkiPARC 2008, organised by Arkitera Architecture will be held at the Harbiye Istanbul on October 15-17. The event is supported by the Istanbul 2010 European Cultural Capital Agency, the Independent Architectural Platform and the Urban Land Institute.

The exhibition for the first time features The European Public Real Estate Association, USA based Portman Holdings and some of the world's leading architects including Nigel Dancey of London based Foster & Partners in Turkey. The property exhibition is considered to place Turkey firmly on the international property map. According to new reports, foreign investment in Turkey has grown significantly over the past five years. Already ten billion dollars (£5.5 billion) has been invested in the country since 2003 and the exhibition is expected to boost further influx of foreign investments.

One of the highlights of the exhibition will be the ArkiPARC Awards' Award Ceremony and there will be awards in three categories - real estate, architecture and construction. The main objective of the exhibition is to assess the gains of the property investments to the city, the purchasers and the investors.

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posted by EstatesNewz, 9:18 PM

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