Ulak Group general manager Ka?an Bahçekap?l? (second left) speaks to journalists at a press conference in Doha. PICTURE: Nassar T K
By Joey Aguilar/Staff Reporter
Turkey’s real estate sector has received a positive response from customers and investors in Qatar during its four-day investment exhibition held in Doha from November 16.
Speaking at a press conference, Ulak Group Real Estate Conglomeration general manager Ka?an Bahçekap?l? said that they expanded their portfolio to serve the increasing number of customers in Qatar who want to buy properties and invest in Istanbul and other Turkish regions.
“We have more than 100 customers now in Qatar, both Qataris and other nationalities, a reason to come here and provide them the services that they need,” he said.
“So far, we know this (Qatar) market and we know how Qatari people look at international real estate market and we know their demands,” Bahçekap?l? added.
Ulak Group has prepared some special packages and benefits for their Qatari and GCC customers that include discounts and free air tickets to Turkey.
The company also wants to sustain its presence in the country by holding at least two exhibitions annually.
Bahçekap?l? said these events would have their own campaigns and offerings to attract more customers who want to invest in land, housing, hotels, malls, and touristic facilities, among others.
“We do not want to divulge details because we want them to come and see us here and in Turkey,” he added.
Investing in Turkey also assures customers of “high income” due to good real estate regulations and the country’s stable economy, the Ulak official said.
He also expressed confidence that international real estate investors like Qataris will get higher profits and return on investments similar to countries in the West such as the US, France, the UK and Spain.
Citing the strong bilateral and trade relations between Qatar and Turkey, Bahçekap?l? expected more investments to pour in from Qatar in the coming years.
“We want to meet their expectations and they can be assured that their investments will be safe,” he said.
About Ulak Group, he said they now have more than 24 projects pegged at $10mn in volume excluding some special lists of big volume investments worth a $1bn.
As one of the biggest real estate companies in Turkey, Ulak Group has a portfolio in Istanbul, South Marmara, Black Sea, Aegean and Mediterranean regions. It is also currently investing in agriculture and tourism.
