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Old March 8th, 2007, 01:31 AM   #261
www.sercan.de
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yeah
but its smaaaaler

architects (Dome) and investor (Hattat) are the same as DOI

so, first the Diamond has to be finished
than the conctruction can start
and Sapphire is already u/c
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Old March 13th, 2007, 01:36 PM   #262
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Turkish real estate market rising
I was shocked,” said my friend on the price offered by Zorlu Group for land adjacent to a highway in Istanbul. Although he worked for a prime real estate developer he did not expect the price to reach $8,300 per square meter.


(After zoning deductions on the land, the price is about $10,000 per square meter.) Well, as the bidders also had experts and third party appraisals made, the new price is presumably the new market rate for prime land in İstanbul.

First of all congratulations to the Turkish Privatization Administration for a quite professional management of the process. The administration’s smoothly managed process and excellent timing resulted in a 40 percent premium over the previous record price obtained ($10,000 vs $7,000 per square meter) at the sale of a Renault land plot not too far from the recent acquisition.

What is next? What kind of a price path do we expect real estate in Istanbul from now on?

My opinion is it will keep going up, and rapidly! Here are my reasons:

Istanbul is probably the first true metropolis in the world that remained “alive” even when times turned sour for the Roman and Ottoman Empires. As architect Sinan Genim reminds us (see the February issue of Turkish Airlines’ Skylife magazine), this is the city that Petrus Gyllius noted: “While other cities are mortal, this one will endure as long as there are man on earth.” Gyllius’ prophecy is justified so far: Istanbul is still considered an “alpha world city” by independent sources, although Turkey is just a lower-middle income country in terms of per capita GDP. And İstanbul is clearly on a path of reassuming its previous global status and more and more becoming a center of attraction to many different segments of the world, from European backpackers to Italian fashion designers; from Iranian businessmen to the pope.

Turkey’s economic growth potential is clear. Real estate prices are likely to move up with further economic growth and development. That process will work hand in hand with the impetus that Istanbul already has in its own right.

Strong “convergence play” with the EU and the world is likely for Istanbul’s real estate prices. Convergence in prices of non-traded goods between two countries is obviously a very complex process but I believe it can safely be argued that a large wedge between asset prices is unlikely to exist for protracted periods. The median price of 100-150 square meter luxury apartments in prime locations of Istanbul is lower than $2,500 per square meter. That is quite low compared to most major European or Asian cities (see table below). That large wedge is going to drive Istanbul real estate prices up in a medium of free capital flow.

Another (more short term) factor to drive prices up are yields. Istanbul currently offers among the highest yields (absolute and risk adjusted) to real estate investors in the world. That will continue to attract investors.

All that is supported by the findings of a recent report and survey published by Urban Land Institute (Emerging Trends in Real Estate - Europe). That study suggests that international real estate investors rank Istanbul as the top market for development in Europe. One interviewee apparently said Istanbul is “the biggest opportunity around the continent.”

All that is good but there will be repercussions as well. First of all, high real estate prices will drive the prices of other non tradables in Istanbul. As some economists will appreciate, that is likely to translate into inflationary pressures (reasons deserve a separate article). As the income potential of Turkish citizens will not increasing as fast, this will continue to trigger economic and social problems.

Second, faster development in the real estate sector will require more public infrastructure investment and bringing more risks to Istanbul. We as Turks have been so successful at damaging one of the most beautiful cities in the world that now we need to work hard to get the city back to its previous splendor. Ugly high rises and uncultured architecture will serve that purpose. Having paid so dearly for the highway land, the Zorlu Group will have to develop a high value-added project to obtain expected returns. Hopefully they will develop a project that will be a win for Istanbul as well. A good closing of today’s column comes from Sinan Genim’s reminder of the inscription at the entrance of Fatih Mosque Foundation: “True art is to produce a magnificent city; and to fill its people’s hearts with happiness.”




http://www.todayszaman.com/tz-web/de...ay&link=105261
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Old March 21st, 2007, 01:20 PM   #263
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some projects from MIPIM

Levent Oyak tower


Anka Hill





Haydarpasa
(i doubt and hope it won't be with skyscrapers)


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IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
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EJU Golden League (1): 2014
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Old March 24th, 2007, 09:38 PM   #264
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Alarkos Maslak project
it will be infornt of the DOI project


i don't like it
looks bit old design
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ULEB Eurocup (1): 2016

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IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
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EJU Golden League (1): 2014
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Old April 3rd, 2007, 12:35 AM   #265
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more pics of the Bijoux Plaza
www.digh-ag.de/

Projects Turkey

Actual projects being processed

• Project development and realisation of a high-rise office complex in the heart of Istanbul.

office and business building with public cafés, shops and restaurants
approx. 15,000 qm BGF
best location in Istanbul
Preliminary blueprint and Design planning by the Turkish star architect Emre Arolat from the renowned architect's office EAA Emre Arolat Architects in Istanbul.

• Further industrial and housing industry real estate projects being processed

Here you will be able to find detailed information concerning the further progress of our actual projects soon.









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IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
IWBF André Vergauwen Cup (1): 2017
IWBF Intercontinental Cup (4): 2008, 2009, 2011, 2012

EJU Golden League (1): 2014
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Old April 10th, 2007, 12:34 AM   #266
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Selenium Twins

[IMG]http://i12.************/2zoyy5i.jpg[/IMG]
[IMG]http://i13.************/4c9nu4h.jpg[/IMG]
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UEFA Europa League (1): 2000
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ULEB Eurocup (1): 2016

FIBA EuroLeague Women (1): 2014
FIBA EuroCup Women (1): 2009

IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
IWBF André Vergauwen Cup (1): 2017
IWBF Intercontinental Cup (4): 2008, 2009, 2011, 2012

EJU Golden League (1): 2014
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Old April 11th, 2007, 03:53 PM   #267
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Levent 1999


Levent 2007

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ULEB Eurocup (1): 2016

FIBA EuroLeague Women (1): 2014
FIBA EuroCup Women (1): 2009

IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
IWBF André Vergauwen Cup (1): 2017
IWBF Intercontinental Cup (4): 2008, 2009, 2011, 2012

EJU Golden League (1): 2014
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Old April 17th, 2007, 11:31 AM   #268
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Sapphire





Sisli Plaza
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UEFA Europa League (1): 2000
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ULEB Eurocup (1): 2016

FIBA EuroLeague Women (1): 2014
FIBA EuroCup Women (1): 2009

IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
IWBF André Vergauwen Cup (1): 2017
IWBF Intercontinental Cup (4): 2008, 2009, 2011, 2012

EJU Golden League (1): 2014
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Old July 2nd, 2007, 12:47 AM   #269
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i think its time for updates
new 32 storey tower is u/c in Levent
It will be an Office tower
Apa-Giz Business Cente

Next to Kanyon (118m)







Skyport in Beylikdüzü district
Residential
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UEFA Europa League (1): 2000
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ULEB Eurocup (1): 2016

FIBA EuroLeague Women (1): 2014
FIBA EuroCup Women (1): 2009

IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
IWBF André Vergauwen Cup (1): 2017
IWBF Intercontinental Cup (4): 2008, 2009, 2011, 2012

EJU Golden League (1): 2014
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Old July 11th, 2007, 04:07 AM   #270
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woow..thnks sercan 4ur sharing
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Old July 16th, 2007, 06:54 AM   #271
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Quote:
Originally Posted by www.sercan.de View Post
some projects from MIPIM

Anka Hill



this is amazing .btw,may i know the status of this project.i hope it's already approved.
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Old July 16th, 2007, 12:51 PM   #272
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IMO its just a first design
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IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
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IWBF Intercontinental Cup (4): 2008, 2009, 2011, 2012

EJU Golden League (1): 2014
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Old July 29th, 2007, 04:42 PM   #273
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Istanbul Aquarium: Europe's biggest Aquarium











Sapphire:











Sky Residence:

[IMG]http://i16.************/4uyr0wl.jpg[/IMG]



Mashattan:







Selenium Twins:







Kempisnki AStoria Residences:





Sisli Plaza:









Marmaray: Undergound and Underwater tunnel between continents:



















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Old August 14th, 2007, 02:11 PM   #274
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Sapphire Tower: 261m






Buyaka Istanbul: Umraniye District




















Selenium Twin Towers: Selenium-Besiktas District






Divan Istanbul: 24 floors






Kosuyolu Residence Tower: Kosuyolu District












Diamond of Istanbul: 270m






Güngören Residences: Güngören District












Kempinski Residences Astoria: Mecidiyeköy District








Arnavutkoy Housings: Arnavutkoy District






Frank Gehry's Culture Complex Project: Beyodlu District




Ucaksavar Residences: Kosuyolu District








VEKO GIZ Plaza: Maslak District






Kempinski Bellevue Residences: Etiler District

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Old August 17th, 2007, 05:50 AM   #275
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Wonderful compilation and looks like some nice residential towers planned for Istanbul!
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Old August 17th, 2007, 02:49 PM   #276
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istanbul towers have that classy and relaxed style.. very californian. I like
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Old September 7th, 2007, 12:05 PM   #277
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Foster planned 2x 250 twisting towers for IStanbul
They will be Hotel (first 15 floors) and residential
Between the twins there will be wind turbines
cost: 350 mil $
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International titles of Galatasaray SK
UEFA Europa League (1): 2000
UEFA Super Cup (1): 2000

ULEB Eurocup (1): 2016

FIBA EuroLeague Women (1): 2014
FIBA EuroCup Women (1): 2009

IWBF Champions Cup (5): 2008, 2009, 2011, 2013, 2014
IWBF André Vergauwen Cup (1): 2017
IWBF Intercontinental Cup (4): 2008, 2009, 2011, 2012

EJU Golden League (1): 2014
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Old September 7th, 2007, 02:27 PM   #278
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wonderful news. At last we will have a Foster too
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Old September 7th, 2007, 09:10 PM   #279
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The project sounds incredibly similar to the DTI though...let's hope we don't end up with TWO sets of identical twins!

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Old September 7th, 2007, 09:24 PM   #280
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So, Istanbul is a boomtown!!!!!!!!!!!!
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