Why Turkish investors are spending millions of pounds in Leeds city centre

Belgique Nouvelles Nouvelles

Why Turkish investors are spending millions of pounds in Leeds city centre
Belgique Dernières Nouvelles,Belgique Actualités
  • 📰 The Yorkshire Post
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 66%

Almost 30 apartments in Leeds have been sold to Turkish investors in the last year

city centre, said: “We locate developments that offer a good math and promote them in the Turkish market.

“The market has responded quite enthusiastically and we have sold nearly 30 units in Leeds within the last 12 months. That is above £6m brought into the UK economy.”He added:"These investors don't just buy the development but they buy into the whole package that the city has to offer.”Mr Baytu said his company’s focus is areas that have a strong local economy with well built developments that offer good rental yields.

“There’s a lot going on in Leeds, especially now with the production industry making a base there. There are also the finance, insurance, legal sectors and the too. Leeds is underrated. Everybody knows Liverpool and Manchester in Turkey but nobody knew Leeds,” he said.Turkish investors have invested over £6m into Leeds city centre over the last 12 months.

He added: “Whilst others are trying to sell multi-million pound properties in London to the limited number of people that can afford them, we focus on growing a whole new market, in the processing carving a nice niche to ourselves as a company."

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

The Yorkshire Post /  🏆 39. in UK

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Leeds enue which brought Stormzy to Leeds announces 10th anniversary plansLeeds enue which brought Stormzy to Leeds announces 10th anniversary plansBelgrave Music Hall opened in 2013 and is loved by many in the city
Lire la suite »

Why a former marine commando from Leeds will be rowing across the Atlantic aloneWhy a former marine commando from Leeds will be rowing across the Atlantic aloneA former marine commando from Roundhay is set to embark on a remarkable 3,000-mile solo row across the Atlantic.
Lire la suite »

Lumen doubles size of US network with extra 6M fiber milesLumen doubles size of US network with extra 6M fiber milesLumen doubling the size of its US network with six million extra miles of fiber
Lire la suite »

Cost of living: Nottinghamshire to get £5.6m to help peopleCost of living: Nottinghamshire to get £5.6m to help peopleThe money from the government is to assist families with spiralling food and energy bills.
Lire la suite »

Yorkshire Water releases update on hosepipe ban in Leeds - as region still in a droughtYorkshire Water releases update on hosepipe ban in Leeds - as region still in a droughtThe hosepipe ban in Leeds and across Yorkshire has been lifted today (December 6).
Lire la suite »

How cold it will get in Leeds this week as Met Office issues rare amber warningA cold weather alert for England has been issued as the risks of plummeting temperatures for vulnerable people increase.
Lire la suite »



Render Time: 2025-04-05 01:17:31