Haberler
June 03,
2016
Increasing number of players in the fund
As the real estate markets develop in Turkey, new means of real estate financing are coming to the fore. Among those, is the newly established Real Estate Investment Funds (REIF) model. The Capital Markets Board (CMB) had taken the initial step for this investment tool in 2014.
The global real estate investment fund sector reaching $450 billion, is operating with only five players in Turkey. This number is estimated to go up to eight by the end of the year. Mehmet Erktin, Chairman of Omurga Capital Partners, founded by Omurga Real Estate Investment, said that real estate investment funds could be considered tools providing the reliable management of real estate investments generated to date.