Cordea Savills has opened a property fund and Lyxor has launched an ETF to capitalise on Turkey's ex...
Cordea Savills has opened a property fund and Lyxor has launched an ETF to capitalise on Turkey’s expanding economy. The property fund will primarily focus on shopping centres and residential opportunities in a country boasting double the average Eurozone GDP forecast. Ian Jones, director of investment, Cordea Savills, said: “There is a dramatic shortage of quality stock in all sectors and strong demand from some household name companies for retail outlets. “Turkey is still an emerging market but by partnering with local developers we will tap into local expertise and mitigate substanti...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
