Haberler

Logistic Distribution Centers to have powerhouse effect for REIF’s

In the event of the inclusion of 20 logistic centers of TCDD [Turkish State Railways] into REIF’s, an investment potential reaching 600 billion dollars worldwide, may be benefitted from. Ilhami Akkum, recently appointed as Investment Director at Omurga Capital Partners, said, “Even if 1% of this volume is directed towards our country, it will create numerous opportunities.” 

Highlighting the fact that logistic distribution centers were very important investment tools in the global real estate investment sector, Akkum continued, “The global commercial real estate investment volume, which includes logistic distribution centers, is around 600 billion dollars. Even if just 1% of this volume is directed to our country, this will have tremendous impacts. As a regional logistic base, the contract logistic volume of business in our country is consistently increasing in parallel with international traffic. Meanwhile e-commerce transactions are increasing by more than 50% each year. The establishment of REIF’s to include TCDD Logistic Centers as state-sponsored and guaranteed investments will create brand new opportunities by combining the dynamics of real estate and contract logistics. We believe that this potential will create a powerhouse effect for REIF’s.”