Real estate summit expands its horizon
Güncelleme Tarihi:
Hürriyet Daily News
Oluşturulma Tarihi: Mayıs 14, 2009 00:00
ISTANBUL - The Association of Real Estate Investment Companies, or GYODER, announced that the 9th Real Estate Summit, starting June 2 in Istanbul, will involve a different concept.
Speaking at a press meeting yesterday, GYODER Chairman Turgay Tanes said this year’s summit will be organized with the partnership of Reed Exhibitions, under the name of "Istanbul REstate."
"This meeting will be the first international participation fair for Turkey’s regional real estate. It will be different from the past because the fair and the summit will be simultaneous," said Tanes.
"There will be more than 100 projects and participants have readied at least $10 billion-worth of projects," he said, adding that Vienna Mayor Michael Haupl and Austria’s former finance minister, Wolfgang Schmitz, will also attend the fair. "We are also expecting participation from the Turkic republics, the Gulf and southern and eastern Europe. This fair will be the biggest global fair for the sector in the past few years." Istanbul is the third most suitable city for real estate investments, Tanes said.
"We would like to expand our destinations," said Maathias Limbeck, general manager of Reed Exhibitions. "Istanbul is an intersection point for all Europe. In this fair we are targeting the Mediterranean, middle Asia and northern European markets."
Limbeck said they are expecting the participation of 20 top investors from all over the world, adding that a hypermarket chain is also interested in Turkey.
"This meeting will be the first international participation fair for Turkey’s regional real estate. It will be different from the past because the fair and the summit will be simultaneous," said Tanes.
"There will be more than 100 projects and participants have readied at least $10 billion-worth of projects," he said, adding that Vienna Mayor Michael Haupl and Austria’s former finance minister, Wolfgang Schmitz, will also attend the fair. "We are also expecting participation from the Turkic republics, the Gulf and southern and eastern Europe. This fair will be the biggest global fair for the sector in the past few years." Istanbul is the third most suitable city for real estate investments, Tanes said.
"We would like to expand our destinations," said Maathias Limbeck, general manager of Reed Exhibitions. "Istanbul is an intersection point for all Europe. In this fair we are targeting the Mediterranean, middle Asia and northern European markets."
Limbeck said they are expecting the participation of 20 top investors from all over the world, adding that a hypermarket chain is also interested in Turkey.