Real estate investment in Turkey: Look beyond Istanbul

side, and particularly in the north west of the city. Forum Istanbul is the largest project in the country, with 165000 m2 GLA. Also in other cities significant new buildings are expected: Ankara will see another. 620000 m2 GLA entering the market by 2010; ..... congestion and pollution in the suburbs of major cities.29 However,. 25 See Binay, S., Salman, F. (2008), A Critique on Turkish Real Estate Market,. Turkish Economic Association, Discussion Paper 2008/8, May 2008. ...

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