İş REIC.was established through the transformation of İş REIC into a real estate investment trust, following its acquisition of Central Real Estate Investment and Project Evaluation Inc. on August 6, 1999.

Message From the Chairman


Dear Stakeholders,

Recovery efforts for global economy are progressing slowly.

In 2023, the world economy was confronted with significant monetary tightening and worldwide ongoing political uncertainties. Despite the regional conflicts and crises resulting from climate change that came on top of the said conjuncture, the world economy displayed a performance that surpassed anticipations in terms of resilience, and carried on with attempts to recover.

Although global recovery is hampered by shrank liquidity and increased interest rates that resulted from tightening monetary policies maintained across the globe for combating inflation, growth rates are expected to exceed the projections. Based on IMF’s January 2024 update to the World Economic Outlook, global growth estimation for 2023 was increased to 3.1%, anticipating growth rates of 1.6% for developed economies and 4.1% for developing economies. Global growth for 2024, on the other hand, is projected as 3.1%.

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