Construction and real estate are among the leading and booming sectors in Türkiye, attracting significant local and foreign investment. On one hand, there are numerous infrastructure projects underway, including airports, ports, highways, bridges, road tubes, railways, and energy power plants, while on the other hand, the demand for real estate remains high, further fueled by urban transformation projects in many large cities.
GSI’s involvement in landmark projects positions it advantageously in the construction sector as well. We possess extensive experience and expertise in providing legal services for a wide range of engineering, procurement, and construction projects. This includes one of the largest airport construction projects in the world, as well as the construction of ports, health industry units, energy power plants, and conventional residential projects. We advise clients involved in urban transformation projects, encompassing complex legal challenges from the tender process to expropriation, litigation, disputes, and alternative dispute resolution techniques. GSI also has expertise in international construction contracts, including those governed by FIDIC.
A key consideration in such sizable projects is ensuring that the project is not interrupted or delayed, which could lead to significant legal and financial risks and complexities. Therefore, it is crucial to anticipate and develop a sound strategy to address these matters effectively and efficiently, which is what GSI promises its clients.
Our construction and real estate lawyers within the corporate department advise and assist sponsors, developers, investors, contractors, sub-contractors, suppliers, joint venture companies, and funders. They provide guidance on engineering, procurement, and construction projects, acquisitions, tax efficiency, alternative finance and investment models for property, and other administrative issues including planning, permissions, expropriation, environmental concerns, and construction law.