Zorlu Gayrimenkul

What Zorlu Gayrimenkul does

Zorlu Gayrimenkul Geliştirme ve Yatırım A.Ş. is a Turkish real estate development company established in 2006 as a wholly-owned subsidiary of Zorlu Holding A.Ş., a diversified conglomerate. The company develops mixed-use real estate projects on valuable land parcels, combining residential, office, business center, shopping center, hotel, hospital, and socio-cultural functions. Its two flagship developments are Zorlu Center in Istanbul's Zincirlikuyu/Beşiktaş district — described as Turkey's first project with five separate functional areas — and Levent 199 on Büyükdere Caddesi in Levent/Şişli, which also serves as the company's headquarters.

The company's business model operates across three revenue streams: one-time property sales of developed units, recurring property leasing of office/retail/residential spaces, and managed services for property operations including hotels and shopping centers. Go-to-market is direct enterprise field sales targeting high-net-worth individuals for premium residential, corporate clients for office/commercial leasing, and institutional investors. The company maintains dedicated project microsites (zorlucenter.com.tr, levent199.com.tr) and operates from two Istanbul offices. Marketing is quote-based with no publicly disclosed pricing, and all sales/leasing are conducted directly without third-party intermediaries.

Operationally, the company employs 101–250 staff and operates exclusively within Istanbul, Turkey, despite stated ambitions for international expansion. The company is part of Zorlu Holding's diversified conglomerate and was a signatory supporter of the UN Global Compact in November 2007. Revenue figures, headcount growth trends, funding history, and detailed financial metrics are not disclosed in available data.

Name

Zorlu Gayrimenkul

Legal name

Zorlu Gayrimenkul Geliştirme ve Yatırım Anonim Şirketi

Website

https://zorlugayrimenkul.com.tr

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

Zorlu Gayrimenkul is a Turkish real estate developer, wholly-owned by Zorlu Holding, that builds landmark mixed-use projects in Istanbul combining residential, office, retail, hotel, and cultural components. It serves high-net-worth individuals, corporate tenants, hospitality guests, and retail consumers through direct sales, leasing, and property management.

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate Development

NAICS

Real Estate and Rental and Leasing (53), Rental and Leasing Services (532)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Services-Management Services (8741)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industries

Residential General Contracting (New Build) (IMAFAAAB), Commercial General Contracting (New Build) (IMAFAAAA)

Keywords

• Mixed-use real estate
• Property development
• Luxury residential
• Commercial real estate
• Property leasing

Headquarters

HQ city

Besiktas

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Property Sales: Direct sales of developed residential units, offices, and commercial spaces within mixed-use projects such as Zorlu Center and Levent199.
2. Property Leasing: Leasing of office, retail, and residential spaces within developed properties.
3. Property Management and Operations: Operational involvement in managing developed properties including hotels and shopping centers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Zorlu Gayrimenkul is a real estate development and investment company that develops mixed-use projects on valuable land parcels in Turkey, including residential, office, business centers, shopping centers, hotels, hospitals, and socio-cultural facilities. It invests in the properties it develops and conducts sales, leasing, and/or operational activities for those assets, anchored by its flagship Zorlu Center and Levent 199 projects in Istanbul.

Product overview

Zorlu Gayrimenkul is a real estate development company established in 2006 by Zorlu Holding, operating as a single-entity business rather than a platform-with-modules architecture. The company develops mixed-use real estate projects including residential, offices, shopping centers, hotels, hospitals, and socio-cultural facilities. Its two named product offerings are Zorlu Center (a mixed-use complex in Zincirlikuyu, Beşiktaş) and Levent 199 (a project in Levent, Şişli), both situated in Istanbul. The company also develops commercial warehouses and manages investment, sales, leasing, and operational activities for its properties.

Differentiator

Problem solved

Functional benefit

Brands

• Zorlu Center: Mixed-use project featuring residential, shopping center, hotel, office and socio-cultural facilities in Zincirlikuyu, Beşiktaş, Istanbul.
• Levent 199

Products and services

• Zorlu Center

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• United Nations Global CompactminorOthers · 1 November 2007Zorlu Gayrimenkul joined the UN Global Compact initiative in November 2007 when Zorlu Holding A.Ş. signed the agreement. This commitment aligns the company with 10 universal principles covering human rights, labor, environment, and anti-corruption, supporting responsible corporate citizenship.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Torunlar GYO: Turkish real estate investment company developing and operating large mixed-use and shopping-center projects (e.g. Mall of Istanbul), directly comparable to Zorlu's mixed-use development and operations model.
• Rönesans Gayrimenkul Yatırım: Major Turkish developer of shopping malls, offices, and mixed-use complexes, competing in the same premium commercial real estate development space.
• İş GYO: Istanbul-based real estate investment company developing offices, residences, and mixed-use assets, matching Zorlu's development-plus-leasing revenue model.
• Ağaoğlu: Istanbul luxury residential and mixed-use developer targeting affluent buyers, closely comparable to Zorlu's premium HNW positioning.
• Nef: Istanbul developer of branded residential and mixed-use projects aimed at upscale buyers, competing directly for premium urban demand.
• Sinpaş GYO: Turkish real estate investment company focused on residential and mixed-use developments, a direct competitor in the domestic development market.
• Tahincioğlu Gayrimenkul: Developer of Istanbul mixed-use projects such as Palladium and Nidapark, overlapping Zorlu's residential-plus-retail development approach.

Broad incumbents

• Emlak Konut GYO: Turkey's largest real estate investment company by scale, developing residential and mixed-use projects nationwide; a broader incumbent overlapping Zorlu's residential development.
• Emaar Properties: Global mixed-use developer that built the Emaar Square/Emaar Istanbul complex, a large incumbent competing in Istanbul's premium mixed-use segment.

Regional players

• DAP Yapı: Istanbul-focused developer of large residential and mixed-use projects, operating in the same city with comparable premium offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/zorlu_property
• Facebookfacebook.com/ZORLU-gayrimenkul-395973691184033

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zorlu Gayrimenkul