Haberler

June 02, 2016

Faster return on real estate investments

Faster return on real estate investments

Having performed real estate-based asset management since 2011, Omurga Capital Partners was issued a permit by the Capital Markets Board (CMB) in May to establish a real estate investment fund (REIF). Chairman of Omurga Capital Partners Board of Directors, Mehmet Erktin, stated that they would also shoulder the responsibility by putting 10% capital into the funds to be managed by Omurga Capital Partners, founded under the regulation of the CMB. “Our goal is to add value both to our funds and to our investors, and to grow together,” he said. “The average return on investment for the funds we have been planning are between 3.5 - 5 years. The return period for individual investments may be longer.”