The Turkish property market has its first franchised real estate operation with the international company hoping to open 50 offices in its first year…
International Realty Plus real estate franchising is also considering expanding further in the region with opportunities in Azerbaijan, Russia and Libya being examined. It currently operates in six countries, most notably the US where its annual turnover totalled £33 million last year.
In Turkey it has teamed up with Liman Holding to launch its venture. Huseyin Altas, Chief Executive of IRP Turkey, said Liman Holding decided to import IRP franchising brand to Turkey in order to make use of existing opportunities in Turkey’s growing real estate market. Read more.