Kağıthane, a small district on the European side, have surrounded by districts of Şişli, Eyüp and Beyoğlu, and the Kağıthane Stream merges with the Golden Horn in the west. Kağıthane provides easy access to all parts of Istanbul with a central location. Because of that, it is the target of major real estate companies in the real estate industry. In Kağıthane, transactions in the real estate sector have increased significantly. Hitting 87 percent in the last three years, according to data from the Turkish Statistical Institute.