With a positive start in 2013, the Turkish office market recorded healthy interest from both domestic and international investors.
The “Marketbeat Office Snapshot – Turkey Q1 2013” report offers an overview on the office sector, focusing on occupier demand, the investment market and providing and outlook for the near future.
KEY FINDINGS OF THE REPORT
Prime Rents – Areas lacking Grade-A availability will see positive rental growth.
Prime Yields – Stable short-term but rising with demand and product expected compression will follow.
Supply – Supply increases due to a healthy pipeline although much is expected to be absorbed.
Demand – Increasing number of new requirements are being satisfied and feeding into take-up.