Peculiarities of the commercial real estate market in Turkey

In general, the commercial real estate market in Turkey is developing quite actively. Experts expect an average annual construction growth rate of more than 5% during 2024-2029.

Key features:

1️⃣ One of the key trends is the growing popularity of mixed-use complexes. These complexes combine residential, office and retail space in a single project. Another trend in the market is the growing interest in energy-efficient "green" buildings. There is also a growing demand for individual co-working spaces, as more and more companies are adopting remote working policies.

2️⃣ Turkey's strategic location between Europe and Asia makes it an attractive location for business. Istanbul, in particular, is a major commercial center and has a high demand for office space. One special location is the Atasehir business district, where the large IFC Istanbul International Financial Center was designed. The city's unique combination of historic and modern architecture makes it attractive to both local and international companies.