Kuwait, April 21st, 2014: Iskan Company, a 100% Turkapital Holding shareholder and Kuwait Finance House (KFH) subsidiary, will introduce Turkey, the 16th largest global economy, and Turkish real estate market to real estate seekers in the Kuwait Turkish Real Estate Forum, which will be held on April 28th and 29th at Sheraton Hotel. Iskan will also provide a platform of a very wide selection of prestigious residential projects and services in Turkey to visitors. 

Onder Ergin, Iskan's CEO, said that Turkish real estate is witnessing a boom. Real estate sector is the central player in Turkish economy and the overall development of Turkish core infrastructure. Total investment volume in Turkish real estate increased by 16% in Q1 2014 compared to that of the same period in 2013. Turkey was ranked first for development prospects and second for new real estate purchases in 2013.

Another important fact Ergin emphasized is that, as of right now, the property sales to foreigners has reached USD25 billion. He added that Foreign Direct Investment (FDI) inflow reached USD 12.7 billion in 2013 of which USD 3.1 billion was RE. Thus, Turkish real estate market does attract foreign interest. Ergin said that it is time to shine for Turkish real estate economy and encourage real estate seekers to invest in Turkey's profitable growth opportunities.

İskan Company is very well positioned and experienced in Turkish real estate sector and constantly strive to be a reliable business partner. One of the reasons that Iskan is very confident in its sector is because Iskan is well aware of all the demands and expectations of stakeholders, partners and clients and committed to create good values for them.

Lastly, Ergin indicated that the location has always been a significant determinant of a property's value and Turkey is definitely the right location to invest in.

Pic: Onder Ergin

Kuwait Finance House (KFH)
KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.

KFH manages its operations in the GCC, Asia, and Europe through over 310 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Australia, Jordan, Dubai, and Manheim in Germany.

KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.

KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.

For more information, please visit: www.kfh.com

© Press Release 2014