Even if the economic growth in Turkey has slowed its paste throughout 2012, the office sector remained attractive for both international and domestic investors.
The Cushman & Wakefield ‘’Marketbeat Office Snapshot – Turkey Q4 2012’’ presents a summary analysis of the Turkish office sector, offering an overview on the market, details about the occupier and investment focus as well as an outlook for the near future.
KEY FINDINGS OF THE REPORT
Prime rents – Select pockets of Istanbul will see rental growth where Grade-A supply is limited.
Prime yields – Increasing level of quality products may set a new benchmark by the end of 2013.
Supply – Increasing new speculative development and redevelopment will see supply increase.
Demand – Interest from domestic and international corporate will see take-up levels increase.