"Turkish delight for the residential market in Istanbul
Written by Jones Lang LaSalle
Tuesday, 24 March 2009
Despite the global economic slowdown the residential market in Istanbul remains buoyant, according to Jones Lang LaSalle's new report Istanbul Real Estate Overview.
The city offers considerable long term opportunities as residential demand continues to outpace supply; yearly requirements for residential units are set to remain at 250,000 until 2015 while supply is estimated to only reach 180,000 units per year according to the Real Estate Investment Trust Association."
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