Real Estate in Istanbul

City With Most Development In Last 5 Years: Istanbul

Istanbul was picked as the city with most development in the world in last 5 years. According to research “The Business of Cities 2015″ by Jones Lang LaSalle, who provides financial and professional services on real estate, Istanbul, because of its performance since 2010, took first place as the city with most development.

Research says: “While there has broadly been stability at the top of the global indices, further down has seen high levels of flux in the past three years, as cities readjust to the geography of global opportunity. Across six leading indices covering everything from financial services to city image, Istanbul is the most consistently improved over the recent time frame. In particular it has cemented its status as a diversified onshore provider of financial services, and has regularly overtaken medium-sized established cities owing to its scale and gateway functions. Other cities to show marked progress since 2010 include Mumbai, Seoul and Dubai.”