Reed Exhibitions in Austria and the GYODER, The Turkish Association of Real Estate Investment Companies, will be joining together to stage an international real estate trade fair in Istanbul. The Istanbul REstate-2009 is to be held from the 2nd to the 4th of June 2009 at the Lütfí Kırdar Convention and Exhibition Centre.
As well as looking at the gigantic booming Turkish market the focus of this new international real estate trade fair will also be placed on the Near and Middle East, Russia, the CIS states and the entire Mediterranean region. 'Istanbul is for Central Asia and the Near and Middle East, what Vienna is for the CEE region', stated Matthias Limbeck (DI), the New Business CEO for Reed Exhibitions in Austria, identifying parallels between the Austrian and Turkish capitals: 'The inner and outer districts of Istanbul house 14 million inhabitants. As well as being the focus of Turkish trade and commerce, Istanbul is also a meeting point for business contacts to the Near and Middle East, to the countries at the eastern end of the Mediterranean, to Russia, the CIS states and Turkish regions of Central Asia. Like Turkey and Russia these are all either booming markets, or markets ready to unfold immense potential.
The idea of launching a property and investment trade fair in Istanbul based on the Real ViennaISTANBUL REstate in 2009.
Three years ago Reed Exhibitions' Vienna subsidy, Reed Exhibitions Messe Wien, launched the immediately sensationally popular Real ViennaReal ViennaISTANBUL REstateReal ViennaISTANBUL REstateReal ViennaISTANBUL Restate'.
GYODER Chairman Bekir Cumurcu has made the following assesments in ISTANBUL REstateISTANBUL REstate, along with its unique concept with the Turkish Real Estate Summit, will be the first regional real estate and investment exhibition with international participations.
Organised by new joint venture
The ISTANBUL REstate is registered with a joint venture based in Istanbul, 'ISTANBUL REstate Fuar Organizasyon A.S'. Reed Exhibitions in Austria is involved in this venture via the newly established subsidiary 'Reed CEE GmbH', while Turkish shares are held by GYODER and a long-standing associate of Reed Exhibitions, Ismail Sezen, and his company ISTexpo. Mr Sezen is responsible for sales in Turkey.
Reed Exhibitions Messe Wien is responsible for the overall international sales agenda. Furthermore, as a subsidiary of the world's largest trade fair organisation, Reed Exhibitions (over 500 [trade]fairs in 38 countries) Reed Vienna can offer the benefits of their worldwide network. After all, Reed Exhibitions is also responsible for the largest real estate fair in the world, the 'Mipim' in Cannes and on top of the >Real Vienna< there are also other big league international shows such as the 'MAPIC' in Cannes (France) and 'SIMA' in Madrid (Spain).
Concept to be introduced on the 14th October 2009 in Istanbul
This year on the 14th of October the ISTANBUL REstate 2009ISTANBUL REstate in 2009 to attract around 200 exhibitors and 5000 trade visitors from Europe, the Near and Middle East, Russia, the Turkish republics, Northern Africa and Turkey.
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