Discover Emlak Konut: One of Turkey’s Leading Real Estate Companies
Emlak Konut is one of the largest and most powerful real estate development companies in Turkey.
What is Emlak Konut?
Founded in 1953 by the Turkish state, the company was established to meet the needs of modern housing.
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Today, it is the largest real estate investment trust (REIT) in Turkey.
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Ranked 121st globally among the world’s largest real estate companies.
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Ownership structure: 50.6% of its shares are publicly traded on the Istanbul Stock Exchange, while 49% belongs to TOKİ, the Housing Development Administration of Turkey.
Since its founding, Emlak Konut has delivered over 131,000 housing units, with total resources reaching 24 billion TRY.
Goals and Transformation
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The company has always been a benchmark for urban planning quality in Turkey.
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In 2002, it was transformed into a real estate investment company, which led to rapid growth and mega-projects.
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Since 2003, it has launched 144 new projects, delivering more than 131,000 units nationwide.
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As of September 2020, its paid-in capital reached 3.8 billion TRY, and total assets amounted to 28.3 billion TRY.
Emlak Konut’s Guarantee
Emlak Konut supervises:
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All construction stages and material quality.
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Environmental planning and infrastructure.
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Post-delivery issues, ensuring projects are executed on time and in full compliance.
So far, all projects have been delivered on schedule.
Major Projects
The company’s projects are spread across many Turkish cities, especially Istanbul in areas like Başakşehir, Bağcılar, and Esenler.
Among its most significant projects are large-scale housing developments along the Istanbul Canal and in Yenişehir, Istanbul’s expansion area.
The Dursunköy Project
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Partnership: Emlak Konut + Turkish Airlines (THY)
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Value: 2.157 billion TRY
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Location: Arnavutköy Dursunköy, on the Istanbul Canal route
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Details:
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12,585 housing units
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450 commercial units
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Total area: 1 million m²
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528 buildings, 8 floors each
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Capacity: 42,500 residents
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Go Smart: Your Investment Guide
Go Smart Real Estate provides investors with exceptional opportunities in Yenişehir and Istanbul Canal lands, including properties within or near Emlak Konut projects, adding even more value to these investments.