Real Estate Development

İlbak Holding has bold targets in real estate, as it does in all sectors in which it operates.

Real Estate Development in Turkey

Diverse factors have fueled the rapid growth of Turkey's real estate development sector. They range from an increasing population to influx of people into cities, from urban transformation projects to urbanization and housing endeavors. In 2015 it grew by approximately 20%. Such steep growth necessitates new projects to meet mounting demands, and real estate development has become a sector in which companies offering smart, competitive approaches, quality products and first-rate after-sales services thrive.

İlbak Holding in the Real Estate Sector

İlbak Holding has reorganized its real estate development approach to fit its core business standards, putting greater emphasis on the experience, expertise and equipment it has gained from successfully completed past development projects. İlbak Holding has bold targets in real estate, as it does in all sectors in which it operates.

Future Plans

As part of the Super 8 Hotels Project initiated by İlbak Tourism Group's master franchising agreement with Wyndham Hotels, İlbak Building Co. will construct 20 new hotels in Turkey before the year 2024. Wyndham Hotels is the world's largest hotel group, with some 7,380 hotels and 631,800 rooms in 66 countries. Combining quality and comfort, Super 8 offers 18 to 20 m2 rooms designed to meet any and all of the business world's hospitality needs.

The company will also pursue additional new housing ventures, taking the helm of land provision processes, project management and construction phases.

İLBAK COMPANIES IN THE SECTOR

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