6 December 2017

The Real Estate Stars Awards, which promote leading companies in the construction industry, have been announced. The Real Estate Stars / Turkey's Real Estate Leaders Awards ceremony is held at The Ritz Carlton Istanbul, and is organized by the Capital and Ekonomist magazines with the support of the Association of Real Estate Investment Companies (GYODER) and Turkish Contractors Association (TCA). The companies ranking in the top ten in four categories received their prizes in these second annual awards. Folkart was awarded in two categories. Folkart ranked fourth in the list of top ten companies with the highest number of sales in Turkey in 2016. Another achievement of the company was ranking ninth in the list of top ten companies which created the highest number of projects in Turkey in 2016. In the ceremony, the industry leaders discussed their views on 2017, their expectations concerning the coming year, and their plans for the new term during the panel entitled “Making a Difference - Real Estate 2018” Speaking in the panel moderated by Talat Yeşiloğlu, the Editorial Director of the Ekonomist magazine, Folkart Chairman Mesut Sancak said that they had a very profitable year in 2017 with a revenue of 500 million Turkish lira and that they performed better than their forecasts.

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