NEWSROOM

The real estate sector showed a recovery trend in the first months of 2022. In PwC's report evaluating real estate investments in Turkey, it was stated that the Marmara Region gained value with large road infrastructure investments. Pointing out that 4 out of 10 people expect high returns from their real estate investments in 2022 and that foreign investors are looking for new investment opportunities due to the Russia-Ukraine tension, a construction company determined that Istanbul-based investments, especially Kanal Istanbul, increased the real estate activity in the vicinity of Küçükçekmece and attracted the attention of foreign investors.

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ISTANBUL (TR) - The construction and real estate sector, which entered a recession period in Turkey with the pandemic, started to show a recovery trend from the first months of 2022. According to the data published by the Turkish Statistical Institute, in February 2022, total house sales across the country increased by 20.1% compared to the previous year, while Istanbul had the largest share in this increase with a rate of 19.2%. In the report titled Developing Real Estate Investment Areas in Turkey, in which the global consultancy company PwC evaluated the real estate investments of our country, it was pointed out that the infrastructure investments made in the Marmara Region created a high potential for the real estate sector.

Emrah Çetemen, Sales and Marketing Director of Demaş İnşaat, evaluated the developments and said, “In addition to completed projects such as Istanbul Airport, Yavuz Sultan Selim Bridge, Eurasia Tunnel, and projects such as Kanal Istanbul which are in the planning stage, turn the Marmara Region into an attractive area for investors. On the other hand, the tension between Russia and Ukraine increases the interest of investors in those countries in Istanbul. We, as Demaş İnşaat, promise both a qualified investment opportunity and an innovative living space with our project called Kanal İkon, which we built at a point close to the site determined for Kanal Istanbul and in the heart of the city.”

4 out of 10 people expect high returns from real estate investments in 2022

PwC's report, which deals with the outlook of the real estate sector in Europe, revealed that 38% of the participants expect higher returns from their real estate investments in 2022 compared to the previous years. Emrah Çetemen, who underlined that Turkey acts as an intercontinental bridge and makes good use of this position, said, “The global supply chain transformed by the pandemic and geopolitical risks also strengthens Turkey's position in logistics. As highlighted in PwC's report, this potential is being recognized by companies such as DHL, CEVA, FedEx, UPS and most recently Amazon. Thanks to this potential, which has not escaped the attention of foreign investors, primarily Russia and Ukraine, as well as domestic investors, the real estate sector is rapidly gaining strength. As Demaş İnşaat, our Kanal İkon project, which we signed in Küçükçekmece, one of the most vibrant areas of the western side of Istanbul and will gain more importance with the Kanal Istanbul project, offers an alternative that is increasing in value every day in one of the new centers of megacity Istanbul for those who want to evaluate this potential.”

“A new life opportunity on the west side of Istanbul”

Emrah Çetemen, Sales and Marketing Director of Demaş İnşaat, stated that the Kanal İkon project was designed with real estate needs in mind after the pandemic, and shared the details of the project with the following statements: “Promising a unique view of Küçükçekmece Lake and Canal Istanbul, the project concretely proves its accessibility by being located 4 minutes from Marmaray, 5 minutes from metrobus, 5 minutes from E-5, 15 minutes from TEM highway and 35 minutes from Istanbul Airport. Also within walking distance of Aydın, Arel, İstanbul and Kültür University campuses, Kanal İkon is surrounded by social areas such as shopping malls, urban forest, culture and art center. Offering 1+1, 2+1 and 3+1 options from 56 square meters gross to 126 square meters, the apartments and shops in the project, which stands out with its social areas such as gym, swimming pool, kindergarten, and movie theater, will be their first owners with discounts special for the launch and personalized maturity opportunities. waiting.”