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Turkish REICs: Real Estate Investment or Real Estate Development Companies?

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Real Estate Investment Trusts in Europe

Abstract

REICs have played an important role in the institutionalisation of the Turkish real estate market. They have promoted legalisation of the real estate industry. The legal framework makes REICs more transparent by providing reliable and quality information. Furthermore, their structure brought international standards and professionalism to the broader real estate industry and fostered foreign investments in Turkey, especially on an institutional scale (Erol and Tırtıroglu 2008).

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Abbreviations

CMBT:

Capital Market Board of Turkey (SPK)

IREICs:

Infrastructure Real Estate Development Companies (Altyapı Gayrimenkul Yatırım Ortaklıkları)

ISE:

Istanbul Stock Exchange (İMKB)

REICs:

Real Estate Development Companies (Gayrimenkul Yatırım Ortaklıg˘ı)

References

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Author information

Authors and Affiliations

  1. Cushman&Wakefield Turkey, Istanbul, Turkey

    Dilek Pekdemir

Authors
  1. Dilek Pekdemir
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Correspondence to Dilek Pekdemir .

Editor information

Editors and Affiliations

  1. Bauhaus-Universität Weimar, Weimar, Germany

    Ramón Sotelo

  2. University of Ulster, Belfast, United Kingdom

    Stanley McGreal

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Pekdemir, D. (2013). Turkish REICs: Real Estate Investment or Real Estate Development Companies?. In: Sotelo, R., McGreal, S. (eds) Real Estate Investment Trusts in Europe. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-36856-1_16

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  • DOI: https://doi.org/10.1007/978-3-642-36856-1_16

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-36855-4

  • Online ISBN: 978-3-642-36856-1

  • eBook Packages: Business and EconomicsEconomics and Finance (R0)

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