Some $20 million worth of real estate sold at ‘Evim Türkiye’ fair

DÜSSELDORF

Developers sold around 100 million Turkish Liras (roughly $20 million) worth of real estates at “Evim Türkiye” (My Home Turkey Real Estate and Investment) fair that was organized between Feb. 8 and Feb. 10 in the German city of Düsseldorf.

Potential buyers and companies made deals for prospective sales worth 400 million liras during the event that mainly targeted Turks living in Germany.

But Turkish expatriates came to Düsseldorf for the fair from other European countries, including France, Belgium, the Netherlands, the U.K., and Sweden, too.

More than 6,000 people visited the event which was launched to promote more than 100 projects of 76 leading companies in Turkey’s 15 provinces.

German nationals and foreigners living in other countries also showed a strong interest in “Evim Türkiye.”

Including actual and prospective sales, the fair created a combined total business volume of 500 million liras for the developers.

The event was organized in cooperation with Demirören Media Group, İSTExpo Fuarcılık and supported by the Turkish Environment and Urbanization Ministry.

Officials from Demirören Media and İSTExpo said that they planned to organize the event in eight other cities.

The national flag carrier Turkish Airlines is the official transport sponsor for the fair.

Major business groups Real Estate Investment Partnership Association (GYODER), Housing Developers and Investors’ Association (KONUTDER) and the Istanbul Contractors Association (İNDER) also participated in the fair.

“The success of the event was beyond our expectations. We sold some units which we did not expect to happen. This fair will provide a lifeline to the local construction industry,” said Kemal Şahin, the board chair of Şahinler Holding.

Haluk Hasanoğlu, deputy chairman of Hasanoğlu İnşaat, thanked Demirören Media for organizing the event.

“This was an important step towards introducing Turkish companies to Turks living abroad. We hope more such events will be held in the future. Some families will visit us in Turkey to see our projects,” Hasanoğlu said.