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Wednesday, January 14, 2009

Rents pushed down as tenants bargain

"Rents pushed down as tenants bargain
ISTANBUL - The global crisis has arrived in Istanbul’s real estate market, causing a decline of as much as 30 percent in rents in lower income areas. However, on the Bosphorus, the turbulence has not yet caused a major storm, but is enabling tenants to bargain"

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