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Tuesday, April 17, 2007

Turkish Real Estate: The Sleeping Giant - Grandstanding Traction

"Turkish Real Estate: The Sleeping Giant
17 April 2007
A close colleague with over 9 years in the Turkish VC/PE industry recently told me that real estate, of all potential Turkish investments, will have the greatest investment potential going forward in the next 10 years. Indeed, perhaps Turks have always known this, when markets were between crises, or politicians were finished with their rhetorical recants, the people have always held their greatest assets either under their mattresses or in the land that they own (and not in the banks)."

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