Real Estate

Ege Yapi: 7 project moves worth ₺7 billion in real estate

Ege Yapi, which spent 2021 with deliveries, declared 2022 as the year of investment. The company, which took Izmir on its radar after Istanbul, rolled up its sleeves to implement 7 projects worth ₺7 billion. For the projects to be started in Ispartakule, Beyoglu, Cekmekoy and Kasimpasa in Istanbul and in Urla, Dikili and Alsancak in Izmir, 1,700 new jobs will be created. Ege Yapi Chairman of the Board of Directors Inanc Kabadayi, who participated in the Emlak Avcisi program published in A Para, stated that they successfully managed the production and sales processes by making good planning during the pandemic process and started project deliveries. Kabadayi said, “We are starting an investment move for 7 projects in the most valuable locations of Istanbul and Izmir, with a value of approximately ₺7 billion in the next 2 years, in order to develop the quality building stock that our country needs.” Kabadayi said: “Despite the pandemic, we did not take a break from our new investments. We started the deliveries of our CamliYaka Konakları and Cer Istanbul projects. We will start the second phase deliveries of our Kordon Istanbul project before the New Year. The first building of our brand, The Superior Suites, which is a new generation real estate investment model, will be operational at the end of 2022.”


It is seen that Ege Yapi’s projects are planned according to the new consumer needs that have emerged especially during the pandemic period. Accordingly, large-area houses with balconies and detached houses were brought to the fore. Explaining that a slowdown was observed in the real estate sector, as in all sectors, during the pandemic process, Kabadayi said in his sector evaluation, “However, the recovery in our sector was fast. We predict that the housing prices, which increased due to the increases in costs, will go up even more after the second half of 2022.”

Source: Sabah / Translated by Irem Yildiz

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