The further expansion of international retail brands and ecommerce in Turkey are helping fuel demand for logistics developments, according to Anthony Labadie, managing director for Turkey at CBRE. ‘Logistics will be a major market in the future for Turkey,’ he predicted. ‘The infrastructure was not there in the past, but roads and major ports are being built and logistics activity is part of that.’
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
