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LOGISTICS MARKET OVERVIEW TÜRKİYE 2024
We are happy to announce the release of "Logistics Market Overview Türkiye 2024" report, prepared in collaboration with Investment Office of the Presidency of the Republic of Türkiye!
►Türkiye’s logistics potential lies in the various demand drivers such as economic growth, its diverse and export-oriented industry base, strong retail market, a rapidly growing e-commerce sector and its strategic geopolitical location.
►Due to trade wars and geopolitical tensions, Türkiye's strategic location and secure energy supply have made it an important base at the centre of the nearshore concept, making it attractive to international investors.
►Türkiye has enhanced operational efficiency and reduced costs by accelerating the integration of digitalization and green logistics practices.
►In the first quarter of 2024, prime rents in İstanbul increased by 18.75%. As a result, İstanbul ranks 12th among EMEA cities in terms of prime rents.