Real Estate

Turkey: Ministries discussed exorbitant rent increases

Ministry of Environment, Urbanization and Climate Change, Ministry of Treasury and Finance, Ministry of Justice and Ministry of Commerce officials came together to regulate rent increase rates.

Minister Murat Kurum, Minister of Justice Bekir Bozdag, Deputy Minister of Treasury and Finance Yunus Elitas and relevant bureaucrats from the Ministry of Commerce attended the meeting, where it was learned that the arrangement regarding rent increase rates and rental provisions was discussed.

The meeting lasted for about 2 hours in the Ministry of Environment, Urbanization and Climate Change, and it was closed to the press.

Source: Sabah / Translated by Irem Yildiz

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