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Client Alert: NEW COMMUNIQUÉ ON REAL ESTATE INVESTMENT COMPANIES

August 2013 - Corporate & Commercial. Legal Developments by Ersoy Bilgehan Lawyers & Consultants.

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The Capital Markets Board of Turkey ("CMB") has recently published a new Communiqué On The Principles Regarding Real Estate Investment Companies (III-48.01) ("Communiqué").  The main changes it brings to the old communiqué which was in effect since 1998 can be summarized as follows:

client_alert-_new_communiqu_on_real_estate_investment_companies