Turkey: Country of Honour at MIPIM 2013

                   Turkey: Country of Honour at MIPIM 2013

PR Newswire

PARIS, Jan. 18, 2013

PARIS, Jan. 18,2013 /PRNewswire/ --For its 24^th edition, the World's
Property Market will place Turkey centre stage. MIPIM will host a pavilion
dedicated to Turkey that will be inaugurated by the country's Deputy Prime
Minister, Ali Babacan, showcasing leading players in Turkey's real estate

MIPIM is organised by Reed MIDEM, a subsidiary of Reed Exhibitions, and held
in Cannes from 12 to 15 March 2013.

In May 2012, the Turkish government abolished a rule that banned some
foreigners from buying property. This change of legislation should stimulate
real estate investment in the country. For example, according to Gyoder (The
Association of Real Estate Investment Companies, Turkey) the Turkish real
estate investment companies aim to attract ten billion dollars of foreign
property investment a year. And following last year's earthquake, the
government launched a major programme to overhaul Turkey's housing base and
construct earthquake-resistant buildings.

"Turkey is of course strategically located between Europe, the Middle East and
Asia. Above all, we have chosen Turkey as our Country of Honour this year
because of its strong potential and extensive market opportunities. The
country's demographic and financial health has been confirmed by the rating
agency Fitch, which noted last November that Turkey's investment rating is
attracting foreign investors as well as businesses. MIPIM provides an
opportunity to find out more about a highly dynamic country that is
increasingly attracting the international real estate market," says Filippo
Rean, Director of MIPIM.

The Emerging Trends in Real Estate® Europe (2012) report by PwC and the Urban
Land Institute, highlights care centres, data centres and hospitals as among
Turkey's long-term assets, and hotels as attractive for short-term strategies.
And for the second consecutive year, Istanbul has been ranked first for new
investments and developments in Europe. This ranking largely reflects the
robust health of the country's economy and demographics.

Against this background, MIPIM will host a Turkish pavilion offering an
opportunity to discover the country's flagship businesses and projects. Thus,
the pavilion will host Agaoglu , Akdag-windowist , Artas – Aydinli – Kelesoglu
– AFK joint venture, Mesa, Artas, Kantur Joint Venture, Is REIT, Konutder,
Timur Nef, TSKB, Proplan, Proje Yonetim, Globe International, Tahincioglu, and
Nurol. Moreover, many Turkish companies will participate to the show (click
here for a list of Turkish companies attending MIPIM). In addition, many
international companies attending MIPIM have also already shown an interest in
Turkey. (Click here for a list of companies interested in developing or
investing in Turkey).

Conferences dedicated to opportunities in Turkey will be held throughout
MIPIM, focusing on the upsurge in office real estate, hotel developments, and
investment prospects and opportunities in the Turkish market. And as part of
the MIPIM Awards, the jury will award a special prize to a Turkish project.

For more information on the MIPIM 2013 conference programme, click  here

For editors:

Founded in 1963, Reed MIDEM is a leading organiser of professional,
international tradeshows. Reed MIDEM events have established themselves as key
dates in professional diaries. The company hosts MIPTV, MIPDOC, MIPCOM, and
MIPJUNIOR for the television and digital content industries, MIDEM for music
professionals, MIPIM, MIPIM Asiaand MAPIC for the property and retail real
estate sectors.

Reed MIDEM is a division of Reed Exhibitions, the world's leading events
organizerwith over 500 events in 39 countries. In 2011 Reed brought together
six million active event participants from around the world generating
billions of dollars in business. Today Reed events are held throughout the
Americas, Europe, the Middle East, Asia Pacific and Africa and organized by 33
fully staffed offices.Reed Exhibitions serves 44 industry sectors with trade
and consumer events and is part of the Reed Elsevier Group plc, a
world-leading publisher and information provider and a FTSE 100



Website: http://www.mipim.com
Contact: My-Lan CAO, Press Director, +33 (0)1 79 71 95 44,
mylan.cao@reedmidem.com, or Marion CAILLOL, Press Officer, +33 (0) 1 79 71 95
43, marion.caillol@reedmidem.com
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