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Fund alternative for foreigners

Discussing the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2016, General Manager of Omurga Capital Partners, Oğuz Kösebay, pointed out that a 15% decline was foreseen for global foreign direct investments (FDI) in 2016. He said that it was crucial for countries to develop different strategies in order to survive amid this competition. Kösebay added: “Real estate investment funds (REIF’s) will constitute a strategic alternative for foreign investors as they are much more flexible compared to direct real estate investments, for they have less risks and are more diversifiable.”