Rapid economic growth, a youthful demographic profile and the swirl of gentrification in Europe’s largest city combine to make Turkey one of the hottest real estate attractions.
“The reasons for optimism are well documented,” says Kaan Namlici, president of Venue International. “Turkey is a classic emerging market growth story, with a large, young and increasingly affluent population seeking modern housing and international shopping experiences. We estimate annual housing demand at around 700,000-750,000 units. Consumer spending, which drives the booming retail sector, has increased by 15% in Istanbul and 10% outside the city each year”
Turkey is an interesting country because of its transportation facilities, tourism and entertainment opportunities, and congress tourism. Istanbul, as a renowned city, attracts the attention of investors from all over the world. Istanbul, at the crossroads of Europe and Asia, is establishing itself as a land of welcome for real estate investments and a rising star full of real estate opportunities, and is establishing itself as a land of welcome for the real estate with high added value and profitable.
PROPERTY DEVELOPER WHO CHANGED ISTANBUL’S LUXURY SCENE
international location, which entered Turkey by acquiring the portfolio of Vastned Retail NV, a major investor and developer of high street retail, is a new generation player in the real estate sector.
Venue designs life scenes in global metropolises, especially in Istanbul, with its retail businesses, qualified housing and extraordinary hotel investments.
Retail spaces developed and long-term leased by Venue include international and corporate brands such as Chanel, Zara, Vakko, H&M, Starbucks and MAC. Venue’s retail portfolio is mainly located in Istiklal Street, which has been Istanbul’s commercial and social scene for 150 years.
As a qualified real estate developer, Venue builds boutique living spaces in exclusive locations in the city, especially Abdi Ipekci Street, which is the most prestigious location in Nisantasi, Istanbul.
Venue is also in cooperation with Marriott International in Beyoglu’s landmark building, Afrika Han, where it is an investor and developer. Venue, which brought global hotel brand Moxy to Turkey for the first time, is the developer of Vakko Hotel & Residence with its partner Vakko.
$500 MILLION PREMIUM REAL ESTATE PORTFOLIO
“Cities are like people. They are in motion and change for 24 hours. Believing in modern and sustainable urbanization, Venue International will continue to create new scenes in the city with its human-centered projects,” says Kaan Namlıcı.
international location has a modern brand positioning approach that puts people at the center. On the other hand, the company’s rational data is as remarkable and eye-catching as its brand story. The value of the company’s investment portfolio, including retail, tourism and housing, reached up to $500 million in the second quarter of 2022.
GLOBAL FUNDS AND INVESTORS FOLLOW COME CLOSELY
Turkey is the rising star of the global real estate market. Obviously, Venue International is one of the biggest stars in this scene.
“We are growing with our own capital, although we receive different partnership offers from all over the world, our main objective today is to rapidly increase the value of our portfolio to more than a billion dollars. We are able to do this without the support of a partner. I am sure that we will reach this valuation in a short time,” says Chairman Kaan Namlici.
He continues: “Investors from Europe and the Gulf, in particular, are very interested in Venue. Turkey is a unique country at the intersection of East and West. Our goal is to become the largest real estate investment company in this geographical area within 10 years. We will continue to seriously evaluate all offers that will accelerate this dream.
Company Name: international location
Contact person: Bora Karli
E-mail: Send an email
Call: +90 212 245 11 11
Address:Abdi Ipekci Caddesi No:45, Nisantasi