The letting market showed strong resilience despite political and economic uncertainties

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The investment activity in Istanbul slowed down in 2015 compared to 2014, dampened by the negative effect of economic and political uncertainties. Activity reduced with total investment in Istanbul 35% lower than in 2014 and within this period national investors dominated the market. On the other hand, take- up volume was well above its trend line recorded over the last 10 years.  

Source : BNP Paribas Real Estate

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