Real Estate

Ege Yapi’s investments reached ₺11 billion with the housing projects in Istanbul and Izmir

The demand for housing and the lack of supply prompted housing producers to act. One of the companies that pushed the button for new investments was Ege Yapi.

Ege Yapi Chairman of the Board of Directors Inanc Kabadayi stated that they will implement 7 new projects in Istanbul and Izmir in two years and start investments worth ₺7 billion. The projects will take place in Cekmekoy, Haskoy, Sile and Bahcesehir in Istanbul, and in Alsancak, Dikili and Urla in Izmir. With the ongoing ModernYaka, Cer Loft and Kekliktepe projects of the company, a project value of ₺11 billion will be reached. Saying, “We continue our growth investments with high morale and motivation in 2023,” Kabadayi said, “We will also provide employment while continuing our investments. This year, we plan to create 250 or more jobs. In addition, we rationally analyze the changes in the world and in our region. We continue our activities without slowing down with our financial infrastructure and engineering solutions compatible with the latest technology.” Stating that they are also examining new investment opportunities, Kabadayi said that they are working on 2 urban transformation projects in Atasehir and Kagithane.

SHARING ECONOMY

Indicating that the sharing economy has become the agenda of almost every sector, Inanc Kabadayi stated that real estate projects that support the sharing economy will stand out more in the sector. Explaining that they have established a new brand that offers medium and long-term rental services in this context, Inanc Kabadayi said, “Our brand The Superior Living, which both provides an effortless return on investment to its investors and offers hotel service in the comfort of a home for its guests, emerged with this motivation. We started to serve in BatiSehir in 2022. This year, The Superior Living brand will be present in two more locations in Kagithane. Thus, we will reach 400 units. Currently, 75% of our customers are foreigners.”

Source: MSN / Translated by Irem Yildiz

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