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Real Estate Briefing - Categorized | IPOs/Stock Market, Market Moves more

IPOs driving Turkey’s real estate market

Posted on 23 November 2010

From Hurriyetdailynews.com: Decisions by the Capital Markets Board at the beginning of the year have boosted initial public offerings from Turkish property developers as the total market value of real estate companies at the Istanbul Stock Exchange has doubled so far in 2010. The large IPOs are funding the country’s fast-growing real estate sector.
The initial public offerings by five Turkish real estate investment trusts generated more than 609.2 million Turkish Liras in 2010, according to a recent report by the Capital Markets Board, or SPK……………………………………….Full Article: Source

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