Finance Minister Mehmet Şimşek has announced that they are working on a new regulation aimed at establishing real estate investment funds for projects. Şimşek stated that this regulation aims to contribute to the financing of urban transformation and to increase the supply of housing.
According to the announcement, the aim of this step is to reduce the rising housing and rental prices and to facilitate access to housing for all segments of society. No details or implementation schedule for the regulation have been provided yet.
Source: Mehmet Şimşek statement