Real Estate Market Forecast

Kuzeybatı Consultancy Department offers the current databases regarding real estate market. In addition Kuzeybatı Consultancy Department provides market forecasts by depending on changing economical conditions, wide database and experience. We take the databases such as gross domestic product, consumption trends, and change in interest rates, growth rate development provided by TSI, IMF, European Commission and ICSC into consideration. Projections can be made by analyzing the correlations of the previous databases, which are explained via tables and diagrams.

Forecasts for office markets:
Kuzeybatı Real Estate office database is updated day by day; and change in office stock, vacancy rate, take-up, yield and average rental value estimation are calculated.

Forecasts for Retail Market:
Number of shopping centers, gross leasable area (GLA) estimations, GLA per 1.000 persons and yield estimations are calculated.

Forecasts for Residential Market:
The number of residential units, change in demand and supply, unit sales value can be estimated by taking into consideration the residential units under construction and in the pipeline.

o Forecasts for Industrial Market Market:
Average rental values, change in land values and yields are estimated.

o Forecasts for Hotel Market:
Hotel construction area, change in room prices and yields are estimated by taking into consideration the hotels under construction and in the pipeline.