Turkey’s real estate market has been booming over the past several years, particularly as foreign investor interest has increased in Turkish real property, in conjunction with the European Union accession process. Recently, legislation has been enacted to provide benefits from the mortgage system in Turkey, which has opened a new era in Turkey’s real estate sector.
Hergüner Bilgen Özeke provides legal advice to a broad-base of foreign and local individuals and corporations in connection with real estate matters in Turkey. The firm’s lawyers have represented numerous clients wıth regard to the development of land for various types of commercial, residential and industrial purposes, shopping mall acquisitions, structuring and restructuring, zoning legislation, construction, license and permits, lease matters, sale and lease back transactions and real estate financing, as well as property disputes and inheritance-related real estate issues.
Hergüner’s real estate practice is not limited only to real estate-related projects. The firm conducts detailed legal due diligence investigations of several large private companies and state-owned corporations within the framework of hard-core mergers and acquisitions, privatizations, energy and finance projects. The majority of these projects entail a vast amount of real estate work including, but not limited to, due diligence investigations for target entities, preparation of agreements, and the creation of all types of security interests.
Hergüner’s real estate practice is an award-winning practice. The firm has won the “2017 Euromoney Real Estate Survey for Turkey,” it was awarded “The Financial Times Innovative Lawyers Award,” having been ranked as the only law firm in their highest “standout” category for its “set up and implementation of a unique and regulatory framework” in the Baku Tbilisi-Ceyhan Pipeline Project, and the firm is consistently ranked each year as top tier for its real estate practice in Chambers and Legal 500.
According to our Clients;
"This is one of the top-tier law firms in Turkey, with a dedicated real estate team consisting of lawyers who are experts in their field. They provide result-oriented, innovative and well-structured solutions, in a timely manner."
“Widely renowned real estate team with substantial experience of all property matters, including structuring, zoning, sale and purchase agreements and real estate finance.”
“Successful in several large-scale mandates financed by domestic investors, including urban regeneration projects and hypermarket developments.”
The Hergüner Real Estate practice is rated as Top Tier 1 in Turkey by Chambers and Partners and the Legal 500 for 2015.
The Hergüner firm has been awarded the Euromoney Award for Excellence.