The Turkish economy returned to growth in 2009Q2. Accordingly, we have nudged up our GDP forecasts for this year and next. Yet we are not convinced that these revisions will be enough to reverse the fall in occupier demand and, as such, we still see plenty of reasons to remain cautious on the outlook for Turkish property returns.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.