The decision of the Constitutional Court of the Republic of Türkiye (“Constitutional Court”) dated 16 July 2026, file No. 2026/23, decision No. 2026/162 (“Decision”), was published in the Official Gazette dated 6 November 2026 and numbered 33422. With the Decision, the Constitutional Court annulled the second paragraph of Article 734 of the Turkish Civil Code No. 4721 (“Civil Code”), which requires market value to be used as the basis for exercising the right of pre-emption, and the second paragraph of Provisional Article 1, which extends the application of this rule to previously filed lawsuits.