4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Real Estate Education in Istanbul:

Slides:

Advertisements

Similar presentations

1 GLOBAL CRISIS ISSUES AND CHALLENGES FOR THE ARMENIAN FINANCIAL SYSTEM VAHE VARDANYAN Head of Financial system policy and financial stability department.

Advertisements

1 n European Commission 4th Global Congress: Combating Counterfeiting and Piracy Dubai – 3 February 2008 An Urgent Need to Better Respond to the Global.

Fiscal Consolidation and Public Investment: Friends, Foes, or Neutral Partners? A Look at Bulgaria and Romania Armin Riess European Investment Bank International.

Procurement Mainstreaming Process in Indonesia. Figures about Significance of Public Procurement Public procurement in Indonesia is around 8 % of GDP.

President of the National Statistics Council 1 Ridha FERCHIOU National Statistics Council 2007 CNS OECD World Forum on Statistics, Knowledge and Policy.

Real Estate Investment Trusts The United States Experience CTPA Roundtable February 2, 2006 Paris, France Tony M. Edwards, EVP & General Counsel.

Lessons from the Financial Liberalization Experience of Turkey, A. Erinç Yeldan Bilkent University IDEAs Network.

1 National Center for the Training of Bank Personnel of Ukraine.

Hellenic Banking Institute Hellenic Bank Association.

Prospects for EU-25 agricultural markets and income Update December 2005.

Unlocking global market opportunities Vienna, Austria, 31 January 2008 Mr. Tony Clark Commercial Counsellor, Embassy of Sweden, Beijing Head of the Swedish.

1 The COHESION System of HERMIN Models: CSHM John Bradley (EMDS), Zuzana Gakova (DG REGIO), Philippe Monfort (DG REGIO), Gerhard Untiedt (GEFRA), Janusz.

Jiří Drahoš Czech Academy of Sciences Research and development as the basis for innovation: A view from the research sector.

1 Measuring ICT4D: ITUs Focus on Household and Individual Market, Economics & Finance Unit Telecommunication Development Bureau.

4th World Telecommunication Indicators Meeting

BR Maintain and Updating in Census Year November 2008 Census Center NBS of China.

GSD 5204 Real Estate Development and Finance Prof. Richard Peiser

Search Engine Optimisation & the importance of eCommerce SiteWizard in association with bssa.

Brazil: Sustainable Growth, income distribution and social inclusion Miami Minister Paulo Bernardo April 6th, 2008.

Economic perspectives Charts Address by Governor Svein Gjedrem at the meeting of the Supervisory Council of Norges Bank on Thursday, 12 February 2009.

Research Department 1 Global Economic Crisis and the Israeli Economy Herzliya conference Dr. Karnit Flug Research Director, Bank of Israel February 2009.

Provident Financial Holdings, Inc. Covering analyst: Christian Meunier

ECO 4001 Structure of Turkish Economy

Why is GDP revised? Graeme Walker Head of National Accounts Royal Statistical Society: 30 May 2012.

David Rodgers Executive Director CDS Co-operatives ICA Housing - President All Party Group on Co-operatives and Mutuals 9 May 2012 Northern Ireland Assembly,

Saudi Arabia Business Optimism Index – Q Presented by Dun & Bradstreet National Commercial Bank.

Emerging Growth: Mid- Decade Economic Trends University of North Texas Center for Economic Development and Research December 2014.

High-Level Seminar on E- Communications The development of the ICT sector during the crisis: International comparisons Information Technology Outlook Graham.

Interest Rate Trends What History Tells Us About Real Estate Loans.

Lessons from the Conference. Regional cooperation: the success formula for digitalization of the region.

Macro Developments of MACEDONIA Presented by: Denislav Dyakov Magdalena Tsolova.

Economic Data for St Lucia: Preliminary Findings Ramesh Chaitoo International Trade Consultant fc Background Seminar.

A new proposal of Real Estate Degree according to Bolognia requirements Paloma Taltavull de La Paz International Economy Institute, University of Alicante,

Real Estate Markets Introduction. Real Estate Markets: Economic Determinants of New Construction.

Real Estate Appraisal: A World of Change John S. Brenan Director of Research and Technical Issues The Appraisal Foundation (202)

Anil Kashyap and Jim Berry The 3 rd ERES Education Seminar, Paris 7-8 th December, 2007 Real Estate Education in India.

Challenges of Higher Education in Cyprus Efstathios Michael Senior Education Officer Department of Higher and Tertiary Education Ministry of education.

Jeff Davi Real Estate Commissioner DEPARTMENT OF REAL ESTATE UPDATE.

Berlin, Überschrift Berlin School of Economics.

AD and AS equilibrium Equilibrium in both markets P Y AD AS Y Potential.

The Faculty of Mathematics and Informatics and the IT business in Bulgaria Ivan Soskov Dimitar Birov

Impact of economic crisis on Slovak real estate market Koloman Ivanička, Daniela Špirková.

AN ANALYSIS OF THE EVOLUTIONS OF REAL ESTATE MARKET AND PURCHASING POWER WITHIN THE EUROPEAN UNION Authors: Assoc. Prof. Dr. Ciprian SIPOS Prof. Dr. Alexandru.

Macro Economic Framework for Economic Growth Renzo Daviddi European Commission Liaison Office to Kosovo 8 June 2010.

The supply for Real Estate Education in Poland – the case of Cracow University of Economics Bartlomiej Marona Cracow University of.

9th ERES EDUCATION SEMINAR – Slovak University of Technology, Bratislava 6-7th December 2013 REAL ESTATE EDUCATION AT ISTANBUL TECHNICAL UNIVERSITY: REPORT.

ASSET BUBBLES AND THE FINANCIAL CRISIS OF 2008? A. G. MALLIARIS Presented to the Xavier EMBA, November 26, 2008 What are Asset Bubbles? Variety of Bubbles.

BI Norwegian Business School BI builds the knowledge economy.

© 2010 by Cengage Learning Chapter 26 _______________ Real Estate and the Economy.

Is there a basis for a common real estate valuation syllabus? Ion Anghel & Richard Grover Section 2: The Role of Accreditation in Real Estate Education.

The Widening Income Dispersion in Hong Kong: 1986 – 2006 LUI Hon-Kwong Dept of Marketing & International Business Lingnan University (March 14, 2008)

1 Results of Global Assessment on Availability, Periodicity, Timeliness and Dissemination of High Frequency Indicators International Seminar on Early Warning.

Presentation Content:  Country Introduction  Real estate development and housing  introduction - EiABC  why forward.

Chapter 1 Introduction to the Real Estate Business The real estate business is more than just houses. As this chapter says, “Real estate is big business,”

Changing and emerging patterns in American + European RE education Trends and a case study of two M. Gordon Brown Rianne Appel-Meulenbroek.

5th ERES EDUCATION SEMINAR - Vienna University of Technology, December Real Estate & RE Education Sector in Turkey Real Estate & RE Education.

Doctoral Education in Architecture at ITU Fatma Erkök Gülsün Sağlamer Istanbul Technical University | Faculty of Architecture Workshop on Doctoral Education.

NIGERIA STATE OF THE HOUSING INDUSTRY PRESENTATION IHA Secretariat.

Boosting Tourism in Qatar to Drive the Commercial Construction Market.

INVESTMENT OPPORTUNITIES IN ROMANIA MAY ROMANIA Key figures Population: 20,1 mil citizens GDP:166 bil Euros* GDP Growth, 2015:3,8%, second in Europe.

BI Norwegian Business School BI Norwegian Business School

BI Norwegian Business School BI Norwegian Business School

PERU: STATE OF THE HOUSING INDUSTRY

Abdulaziz Al-Naim Omar Bubshait

National Technical University of Athens

Economic & Commercial Real Estate Finance Outlook

Biannual Economic and Capacity Survey

Biannual Economic and Capacity Survey

Paper Presented to the Annual Policy Dialogue on 23rd November, 2009

13th ERES Education Seminar in ALICANTE, SPAIN 1st-2nd Dec 2017

Presentation transcript:

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Real Estate Education in Istanbul: Analysis of Demand and Supply Kerem Yavuz ARSLANLI Istanbul Technical University Real Estate Development Msc Program

Outline Turkey Country Profile Turkey Country Profile Where we came from? Where we came from? Where do we go from here? Where do we go from here? General Indexes General Indexes İstanbul Profile İstanbul Profile Office Market Office Market Retail Market Retail Market Housing Market Housing Market Real Estate Sector Demand Side Real Estate Sector Demand Side Real Estate Education Supply Side Real Estate Education Supply Side Latest Economic Crises Pros/Cons!? Latest Economic Crises Pros/Cons!? Conclusion Conclusion

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 TURKEY

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University

4th European Real Estate Society Education Seminar The Bucharest Academy of Economic Studies ROMANIA 5-6 December 2008 Kerem Y. ARSLANLI Istanbul Technical University GDP - composition by sector: agriculture: 8.9% industry: 30.8% services: 59.3% Budget: revenues: $137.8 billion expenditures: $151.9 billion

Real Estate Education 4 Universities Real Estate Education Masters Programs (2 years with thesis) (ITU/IU/Kultur/Yildiz) 4 Universities Real Estate Education Masters Programs (2 years with thesis) (ITU/IU/Kultur/Yildiz) 3 Universities Certificate Programs 2-3 months (Bogazici-Bilgi) 3 Universities Certificate Programs 2-3 months (Bogazici-Bilgi) 1 Undergraduate Program at IU 1 Undergraduate Program at IU students graduate annually students graduate annually >500 total graduates since 2001 >500 total graduates since 2001

Real Estate Education ITU first Masters Program in Real Estate Development in Istanbul/Turkey in 2001 ITU first Masters Program in Real Estate Development in Istanbul/Turkey in 2001 First Graduates in 2003 First Graduates in 2003 Followed in 2005 by other Universities Followed in 2005 by other Universities Mortgage Regulations 2007 expand RE market and Education Sector Mortgage Regulations 2007 expand RE market and Education Sector

Real Estate Education 2007 Mortgage Regulations lead to Education Sector to short term Certificate base programs rather than 2 or 4 years Bsc or Msc 2007 Mortgage Regulations lead to Education Sector to short term Certificate base programs rather than 2 or 4 years Bsc or Msc

Real Estate Education Demand Side Real Estate Sector demand on internationally standartized Regulations (Valuation and Forclousure Issues) Real Estate Sector demand on internationally standartized Regulations (Valuation and Forclousure Issues) Finance and Construction Sector dominetes as an market player and on many cases they interfier with each other… Finance and Construction Sector dominetes as an market player and on many cases they interfier with each other… Demand for 1 year executive masters international joint programmes Demand for 1 year executive masters international joint programmes

Real Estate Education Supply Side Real Estate Education seperated into different departments Real Estate Education seperated into different departments Regulations and Laws tightens Cirriculums Few departments run on international standarts Regulations and Laws tightens Cirriculums Few departments run on international standarts International Crisis on Real Estate Pro/Cons International Crisis on Real Estate Pro/Cons Sectors volume shrink / High Qualified Human Resourses on demand Sectors volume shrink / High Qualified Human Resourses on demand Time to loose the old habits Time to loose the old habits Way of making bussiness in real estate will change so the sector professionals Way of making bussiness in real estate will change so the sector professionals

Real Estate Education Istanbul Need for Joint International Programs Need for Joint International Programs Regulations to be in International Standarts Regulations to be in International Standarts Highly Qualified but disconnected human resourses Highly Qualified but disconnected human resourses Demand on interdisciplineer Finance Departments oriented programs Demand on interdisciplineer Finance Departments oriented programs

Thank You… Thank You…