The conference promises an impressive venue next to central district of Istanbul, a broad range of topics pertaining to global real estate issues and a diverse audience comprising of academics and practitioners from Europe and around the world. Istanbul, one of the largest cities in the world, once the focal point of the worldwide trading, and capital city for Byzantine, Roman, and Ottoman Empires, has been in transition throughout its more than four thousand years of history. Istanbul as the conference city provides an excellent venue for the conference themes with its massive expansion and transformation processes throughout its history to explore different aspects of real estate not only for Istanbul but also across the world. We hope that the ERES 2015 Istanbul Conference will contribute to discussing and giving feedback to real estate issues. We look forward to welcoming you at the 22nd European Real Estate Society Conference in Istanbul.