Real Estate in Turkey - Market Summary, Competitive Analysis and Forecast to 2025

Real Estate in Turkey industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The real estate industry looks at renting and leasing residential properties. The industry is valued using the total revenues generated by landlords via the leasing and renting of private and council properties. Values are calculated using the average annual rent multiplied by the number of rented properties.
The Turkish real estate industry had total revenues of $22.4bn in 2020, representing a compound annual growth rate (CAGR) of 3.6% between 2016 and 2020.
Industry consumption volume increased with a CAGR of 2.5% between 2016 and 2020, to reach a total of 9.9 million units in 2020.
Socioeconomic instability and mounting pressures on the Turkish lira are curtailing investment despite strong demand from growing urbanization, with low supply characterising the wider property market.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the real estate market in Turkey
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the real estate market in Turkey
Leading company profiles reveal details of key real estate market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Turkey real estate market with five year forecasts

Reasons to Buy

What was the size of the Turkey real estate market by value in 2020?
What will be the size of the Turkey real estate market in 2025?
What factors are affecting the strength of competition in the Turkey real estate market?
How has the market performed over the last five years?
What are the main segments that make up Turkey's real estate market?

Frequently Asked Questions about the Real Estate Market in Turkey

What is the estimated value of the Real Estate Market in Turkey?

The Real Estate Market in Turkey was estimated to be valued at $22.39 Billion in 2020.

What is the growth rate of the Real Estate Market in Turkey?

The growth rate of the Real Estate Market in Turkey is 5.0%, with an estimated value of $28.56 Billion by 2025.

What is the forecasted size of the Real Estate Market in Turkey?

The Real Estate Market in Turkey is estimated to be worth $28.56 Billion by 2025.

Who are the key companies in the Real Estate Market in Turkey?

Key companies in the Real Estate Market in Turkey include Akmerkez Gayrimenkul Yatirim Ortakligi AS, Alarko Holding AS and Dogus Holding AS.

Report Attribute	Details
No. of Pages	38
Published	June 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	$ 22.39 Billion
Forecasted Market Value ( USD ) by 2025	$ 28.56 Billion
Compound Annual Growth Rate	5.0%
Regions Covered	Turkey

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players and what is their portfolio?
7.2. What are the strengths and weaknesses of leading players?
7.3. What are the challenges faced by leading players?

8 Company Profiles

8.1. Akmerkez Gayrimenkul Yatirim Ortakligi AS
8.2. Alarko Holding AS
8.3. Dogus Holding AS

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the publisher

List of Tables

Table 1: Turkey real estate market value: $ billion, 2016-20
Table 2: Turkey real estate market volume: thousand units, 2016-20
Table 3: Turkey real estate market geography segmentation: $ billion, 2020
Table 4: Turkey real estate market value forecast: $ billion, 2020-25
Table 5: Turkey real estate market volume forecast: thousand units, 2020-25
Table 6: Akmerkez Gayrimenkul Yatirim Ortakligi AS: key facts
Table 7: Akmerkez Gayrimenkul Yatirim Ortakligi AS: Annual Financial Ratios
Table 8: Akmerkez Gayrimenkul Yatirim Ortakligi AS: Key Employees
Table 9: Alarko Holding AS: key facts
Table 10: Alarko Holding AS: Annual Financial Ratios
Table 11: Alarko Holding AS: Key Employees
Table 12: Dogus Holding AS: key facts
Table 13: Dogus Holding AS: Key Employees
Table 14: Turkey size of population (million), 2016-20
Table 15: Turkey GDP (constant 2005 prices, $ billion), 2016-20
Table 16: Turkey GDP (current prices, $ billion), 2016-20
Table 17: Turkey inflation, 2016-20
Table 18: Turkey consumer price index (absolute), 2016-20
Table 19: Turkey exchange rate, 2016-20

List of Figures

Figure 1: Turkey real estate market value: $ billion, 2016-20
Figure 2: Turkey real estate market volume: thousand units, 2016-20
Figure 3: Turkey real estate market geography segmentation: % share, by value, 2020
Figure 4: Turkey real estate market value forecast: $ billion, 2020-25
Figure 5: Turkey real estate market volume forecast: thousand units, 2020-25
Figure 6: Forces driving competition in the real estate market in Turkey, 2020
Figure 7: Drivers of buyer power in the real estate market in Turkey, 2020
Figure 8: Drivers of supplier power in the real estate market in Turkey, 2020
Figure 9: Factors influencing the likelihood of new entrants in the real estate market in Turkey, 2020
Figure 10: Factors influencing the threat of substitutes in the real estate market in Turkey, 2020
Figure 11: Drivers of degree of rivalry in the real estate market in Turkey, 2020