Rönesans Gayrimenkul Net Operating Profit Hits €175M in 9 Months, Up 27%
Rönesans Gayrimenkul Yatırım Ortaklığı (RÖNES), Turkey's leading Real Estate Investment Trust (REIT), has released a stellar financial report for the first nine months of 2024. Net operating profit surged 27% year-on-year to €175 million, underscorin [...]
Property Search Hits the Streets: Real-Time Location-Based Pricing Data
The PropTech sector is undergoing a revolution that fundamentally changes how buyers and investors approach property hunting. Users no longer need to sit behind a desktop screen scrolling through endless listings. New mobile applications allow anyone [...]
RAMS Türkiye Enters Commercial Real Estate Investment with 100,000+ sqm Portfolio
RAMS Türkiye, leveraging its international expertise in real estate data and technology infrastructure, has taken a decisive step into commercial real estate investments. The company announced the formation of a commercial property portfolio exceedin [...]
Quality Over Quantity: The Shift from Square Meters to Living Standards in Turkish Real Estate
The Turkish property market is undergoing a structural transformation driven by soaring input costs. Skyrocketing land prices, construction materials, and labour expenses are forcing developers and architects to pivot from maximizing "gross square me [...]
ATA GYO Total Assets Surpass 1.1 Billion TL: Portfolio Strength and Low Leverage Signal Market Confidence
ATA Gayrimenkul Yatırım Ortaklığı (ATA GYO), a prominent Real Estate Investment Trust (REIT) listed on Borsa Istanbul, has released financial highlights underscoring robust asset growth and a fortress-like balance sheet. The company's real estate por [...]
TOKİ Launches Sale of 725 Land Plots Across 61 Cities with 20-25% Down Payment
The Housing Development Administration of Turkey (TOKİ) is activating one of the largest land sale campaigns of the final quarter of 2024. Starting tomorrow, 725 land plots located across 61 provinces nationwide will be offered to citizens and invest [...]