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The Place of Korean Martyrs Area Office Living Spaces in the Upper Segment Office Living Spaces.

Huge Increase in Commercial Real Estate Prices: What Do Experts Say?

Özkan ÖZEL Temmuz 24, 2024 183

Commercial real estate prices increased significantly in the first quarter of 2024. According to the Commercial Real Estate Price Index (TGFE) data announced by the Central Bank of the Republic of Turkey (CBRT), commercial real estate prices increased by 12 percent on a quarterly basis, 81.7 percent in nominal terms and 8.9 percent in real terms on an annual basis. This increase is considered a remarkable development in terms of both economic and sectoral dynamics.

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