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ARTICLE · 07 JULY 2025

Annotation Of Commercial Leases

Considering the significant increase in real estate prices in Türkiye, potential investors prefer to lease commercial real properties rather than making a direct purchase.

TurkeyReal Estate and Construction

Considering the significant increase in real estate prices in Türkiye, potential investors prefer to lease commercial real properties rather than making a direct purchase. Investors incur significant decoration and operational expenses for the properties they lease and thus want to use the rented properties for a long period of time. Lease agreements are negotiated and executed accordingly. However, real property owners may prefer to sell the commercial property subject to a long-term lease agreement to third parties before the lease term expires if they receive a good offer. This poses an early termination risk for existing lessees if the lease agreement is not annotated with the land registry.

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