Real Estate and Construction
Real estate and construction are among the leading markets of Turkish economy and its actors play in more and more complex structures while doing business. ARIKAN Law Firm has a comprehensive real estate and construction practice that relies on our experience with complex transactions and litigation on one side and our academic strength on the other.
We draft and negotiate all kinds of construction agreements including landshare-deals, specific agreements with revenue sharing aspects, construction of energy plants and infrastructure, joint venture agreements relating to the development of specific construction projets, agreements relating to passage, access and construction rights among private actors or between Turkish Treasury and private entities. We take the interests and objectives of all relevant parties as well as all steps of the construction process into consideration.
We represent owners of all kinds of real estate, contractors, buyers, lessors, lessees, inheritors and related third parties in all kinds of real estate related litigation, including those arising from unlawful registration, expropriation, unlawful occupation, unlawful withholding of access rights, urban transformation, and those relating to damages arising due to the unlawful intervention of governmental bodies and breach of conctractual or legal obligations of third parties.
We provide legal assistance with respect to all steps of urban transformation, starting with the negotiation of all necessary agreements amongst co-owners and also between the co-owners and contractors until the completion of projects or the intervention of Ministry of Environment and Urbanisation.
As the Land Registry Cadastre Regulation and several communiqués foresee significant and detailed conditions for the obtaining of rigths relating to real estates by foreigners and companies with foreign shareholding, we serve our foreign clients with the analyses of risks regarding their specific real estate acquisitions in Turkey and we advise on developing all necessary precautions to navigating through such risks.
We assist our clients in understanding the legal aspects of their real estate related matters and help them to develop innovative strategies that bring the desired results.