Turkey

[fa icon="calendar'] Jan 23, 2019 @ 08:58 AM / by Philli Wong

Ankara, Turkey as seen during AIRINC's recent on-site survey. Photo taken by AIRINC surveyor Anne Benjamin.

Falling Rents and Demand in Turkey

Rents in Turkey decreased due to lower demand, the depreciation of the lira, and the economic conditions that resulted from recent government policies and security concerns. A recent change in lease laws required that all contracts be signed and paid in Turkish lira (TRY) instead of USD or EUR.



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[fa icon="calendar'] Aug 15, 2018 @ 04:01 PM / by Meleah Paull

The Tumult of the Turkish Lira

The Turkish lira has had a volatile year and an especially tumultuous past week. In July, the Central Bank of Turkey alarmed investors by keeping interest rates steady even as CPI annual inflation rose to double digits.



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[fa icon="calendar'] Feb 17, 2017 @ 08:09 AM / by Eugene Kobiako

Today, many expatriates from Western Europe and North America have stopped coming to Istanbul and to Turkey overall.



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