Real estate and construction in Turkey
Abcoo Law Firm advises on sale and purchase agreements, joint ventures, lease and security agreements. Other areas of expertise include regulatory advice, zoning, and residential and commercial developments. Recent highlights include advising the Kadimyapi-Betacons - Düzey İnşaat Adi Ortaklığı joint venture on a $400m mixed-use development project. Other clients include Metro Properties, H&M Turkey and Sepas Danismanlik. Hasan Çağlayan, Murat Aygün and Berk Batur are the key practitioners.
ARIKAN | PARTNERS ILC advises on domestic and cross-border real estate transactions and construction projects such as industrial sites, public and private facilities, and commercial and retail buildings. Areas of expertise include contracts, leasing, financing and contentious matters. The team advised Eczacıbaşı on the $200m Galataport project and in another highlight assisted a client with a $2bn construction project. Other clients include NEF Group, Koray Group and Al Ghurair Investment. Managing partner Akin Volkan Arikan co-heads the team with Nazlı Arıkan and newly promoted partner Onur Ozalp. Associate Ecem Naz Boyacioglu is also recommended.
Goksu Safi Isik Attorney Partnership's team is ‘responsive and helpful with in-depth knowledge of the real estate and construction sector’. It continues to advise Istanbul Airport operator İGA on the $22bn construction and infrastructure project, which is a PPP that will operate on a BOT basis; the team is handling EPC contracts as well as contentious matters. Other clients include the Hanwha-Kalyon consortium and Hekimhan Mining. ‘Exceptional lawyer’ Ali Göksu adopts ‘a full-service approach’. Emre Ulcayli has ‘years of experience in hotel management and with real estate and construction projects’. Banu Mert is also recommended.
‘Approachable and experienced’, Hergüner Bilgen Özeke advises clients on licensing and permitting, real estate-related disputes, rental agreements, development and construction, and transactions. Other areas of expertise include commercial leases, PPPs, financing, zoning and urban regeneration projects. Clients include South Stream Transport, PGIM Real Estate, Siemens Wind Power and ACWA Power. Serkan Gül and Nazım Kurt co-head the team, which is noted for its ‘experience in high-value real estate matters and quick, result-oriented reports’.
Balcıoğlu Selçuk Akman Keki advises clients on leasing, project finance, transactions, construction and development, and contentious matters. Other areas of expertise include zoning and planning, environmental issues, joint ventures, PPPs and residential developments. Barlas Balcıoğlu and Doğan Eymirlioğlu are the key names to note.
Esin Attorney Partnership, Member of Baker & McKenzie International is ‘recommended for its ability to handle highly complex, high-value matters in the real estate sector’. It advises clients on real estate projects, construction, lease agreements, regulatory matters as well as transactions. Marriott International, Klépierre, Turkven Private Equity and Mar Yapı Turızm İnşaat all instruct the team. Birtürk Aydın heads the ‘reputable’ practice, which is noted for its ‘experience with development projects’.
Kolcuoglu Demirkan Koçakli advises clients on acquisitions, structuring, development agreements, EPCs, PPPs, land concession and zoning law. Other areas of expertise include sales, commercial lease agreements and real estate-related transactions. In a recent highlight it advised DM İnşaat on a $106m construction project in Dakar for the Senegalese government. Other clients include Vitol, NEF, Peri and Equinix. Serhan Koçaklı heads the team.
Pelister Atayilmaz Enkur Law Office advises on developments including commercial outlets, shopping malls and hotel complexes. Areas of expertise include zoning law, disputes, leasing and general real estate and construction matters. Hyatt International, RCI and Rotana form part of the team's client roster. Emre Atayılmaz heads the practice; Emre Keki is also recommended.
Özcan & Natan Attorney Partnership
‘Excellent in all respects’, Kesikli Law Firm provides advice on domestic and international real estate and construction projects. Areas of expertise include drafting, negotiation and management of EPC contracts, loan agreements and construction contracts. Tek Yapi Construction and Arma Elektronik count among the key clients. The ‘highly skilled, well-prepared, excellent lawyer’ Ömer Kesikli heads the team, which is ‘always responsive, detail-oriented, business-minded and creative’.
Paksoy advises clients on drafting and negotiation of contracts, lease and construction agreements, hotel management, EPCs and O&M agreements. Other areas of expertise include compliance, zoning and permits. Akbank, Akfen, Serka İnşaat and Alfardan Group all instruct the team, headed by real estate expert Elvan Aziz and Zeynel Tunç, who specialises in construction. Selin Barlın Aral was promoted to counsel.
Türkoğlu & Çelepçi in cooperation with Schoenherr
Türkoğlu & Çelepçi in cooperation with Schoenherr advises clients on development agreements, EPCs, land concessions, leasing, zoning and condominium law. A recent highlight included advising Luxottica Turkey on the termination of the lease for its old headquarters and organising a lease, construction tender, permits and operation licences for its new headquarters. Other clients include Sunglass Hut, Atrium European Real Estate, Polimeks and OMV Group. Levent Çelepçi heads the team.