Tersane İstanbul

What Tersane İstanbul does

Tersane İstanbul is a privately held mixed-use destination development on the historic Golden Horn waterfront in Istanbul's Beyoğlu district, built on the site of a 600-year-old Ottoman imperial shipyard and operated by Haliç Altın Boynuz Marina Tourism Real Estate Construction Investment Trade Joint Stock Company. The destination integrates two luxury hotels (Rixos Tersane Istanbul and the 100-room boutique Aliée Istanbul), five residential collections totaling 660+ units (Tersane Apartments, Yalı Apartments & Bosphorus Villas, Rixos Residences, Aliée Residences, and Aliée Lofts), multi-tenant retail leasing, a curated dining portfolio (MykOrini, Aja Teppanyaki, Mondaine de Pariso, Em Sherif, and hotel restaurants), family entertainment (Nickelodeon Play!), and a recurring events program (DenizBank Rowing Cup with a USD 250,000 prize pool, CrossFit Championship, and a weekly Open-Air Cinema).

The company's revenue mechanics blend recurring hospitality operations (hotel stays with full prepayment, F&B, retail leases, and parking/valet by VINN Vale) with large-ticket one-time residential sales on structured multi-year installment plans (30% down on Aliée Residences, 2027-2028 staged payments) and a 5-year, 7% guaranteed rental yield program on Aliée Lofts. Distribution runs through a direct-to-consumer website for bookings, ticketing, and reservations, an on-site sales team for branded residences, hotel concierge services, partner channels with Rixos and Accor (including the ALL Diamond loyalty program for residence owners), and co-marketing with brands such as DenizBank, BMW, Nickelodeon, and We Are Ona.

The business serves four primary customer segments: luxury travelers and tourists seeking premium heritage hospitality, high-net-worth property buyers across multiple markets purchasing branded waterfront residences, food and beverage enthusiasts, and families visiting the Nickelodeon Play! attraction. Architectural design is led by Tabanlıoğlu Architects on the masterplan, with interiors by 1508 London for premium residences and Powerstrip Studio for Aliée Istanbul, anchoring the destination's positioning at the intersection of cultural heritage, luxury lifestyle, and integrated mixed-use real estate.

Name

Tersane İstanbul

Legal name

Haliç Altın Boynuz Marina Tourism Real Estate Construction Investment Trade Joint Stock Company

Website

https://tersaneistanbul.com.tr

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Tersane İstanbul is a privately held mixed-use destination on Istanbul's Golden Horn, transforming a 600-year-old Ottoman shipyard into a luxury complex with two hotels, 660+ branded residences, retail, dining, and events, serving luxury travelers, HNW property buyers, and families.

Ownership category

akta.pro rank

Product category

Mixed-Use Luxury Hospitality and Branded Residences

NAICS

Drinking Places (Alcoholic Beverages) (722410), Marinas (71393), Amusement Parks and Arcades (7131)

SIC

Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Marina & Waterfront Full-Service Hotels (THAGAAAK)

akta.pro secondary industries

Rooftop Bars & Outdoor Nightlife Venues (MPAGAIAF), Rooftop Bars & Beach/Pool Bars (THAFAEAJ)

Keywords

• Luxury hospitality services
• Mixed-use real estate development
• Branded residences sales
• Waterfront destination development
• Luxury hotel management

Headquarters

HQ city

Beyoglu

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Hotel Operations: Revenue from two hotels: Rixos Tersane Istanbul (luxury urban resort) and Aliée Istanbul (boutique lifestyle hotel). Full prepayment required at checkout.
2. Food & Beverage: Multiple restaurants and bars including MykOrini (Greek), Aja Teppanyaki (Japanese), Mondaine de Pariso (French), Em Sherif (Lebanese), and hotel dining venues.
3. Retail Leasing: World-renowned fashion, beauty, and lifestyle brands operating retail spaces within Tersane Istanbul shopping district.
4. Events & Experiences: Ticketed experiences including open-air cinema (€25.33/person), rowing cup events, CrossFit championship, and cultural programming.
5. Branded Residences: Sale of Aliée Lofts (23 units with 7% rental yield), Aliée Residences (2027 handover, 30% down payment), Rixos Residences (first Rixos branded residences in Turkey), Yalı Apartments & Bosphorus Villas, and Tersane Apartments (198 units).
6. Parking & Valet Services: Indoor parking with first 2 hours free for shoppers, valet service by VINN Vale, 24/7 operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Tersane İstanbul is a mixed-use luxury waterfront destination developed on a 600-year-old Ottoman shipyard on Istanbul's Golden Horn. It operates two hotels (Rixos Tersane Istanbul and Aliée Istanbul), sells branded and heritage residences (Rixos Residences, Aliée Residences, Aliée Lofts, Tersane Apartments, Yalı Apartments & Bosphorus Villas), runs multiple restaurants and bars, hosts cultural and sporting events, and provides family entertainment through Nickelodeon Play!

Product overview

Tersane İstanbul is a mixed-use waterfront destination on the historic shores of Istanbul's Golden Horn, transforming a 600-year-old Ottoman shipyard into a lifestyle destination. The offering comprises two luxury hotels (Rixos Tersane Istanbul and Aliée Istanbul), diverse dining venues including MykOrini, Aja Teppanyaki, Mondaine de Pariso, and Em Sherif, five branded and heritage residential collections (Rixos Residences, Aliée Residences, Aliée Lofts, Tersane Apartments, Yalı Apartments & Bosphorus Villas), entertainment experiences including Open-Air Cinema and sports events (Rowing Cup, Crossfit Championship), and family attractions including Nickelodeon Play!. The destination integrates shopping, dining, hospitality, residences, and cultural programming in one unified waterfront neighborhood.

Differentiator

Problem solved

Functional benefit

Brands

• Rixos Tersane Istanbul: A luxury urban resort hotel offering panoramic waterfront views, spa and wellness facilities, multiple dining options, and access to Tersane İstanbul's destination amenities including the Rowing Club and Nickelodeon Play!
• Aliée Istanbul
• Tersane Living
• Tersane Istanbul Rowing Club
• Nickelodeon Play! Tersane Istanbul

Products and services

• Rixos Tersane Istanbul A luxury urban resort hotel on the Golden Horn waterfront offering panoramic views, spa and wellness facilities, multiple dining options, and access to Tersane İstanbul's destination amenities including the Rowing Club and Nickelodeon Play!
• Aliée Istanbul A refined boutique hotel with 100 elegant rooms and suites combining contemporary elegance with 600-year-old shipyard heritage, featuring curated experiences, wellness, art, and gastronomy.
• MykOrini Greek and Mediterranean restaurant serving fresh seafood, signature Greek flavors, sharing plates and cocktails with waterfront terrace dining on the Golden Horn.
• Aja Teppanyaki Japanese teppanyaki restaurant at Rixos Tersane Istanbul offering live culinary performances and interactive dining experiences around the grill.
• Mondaine de Pariso French dining establishment offering cuisine, cocktails, shows, music and nightlife as part of Aliée Istanbul.
• Em Sherif Lebanese and Eastern Mediterranean restaurant featuring mezze, grilled dishes and sharing plates.
• Rixos Tersane Istanbul Residences Turkey's first Rixos branded residences offering fully-furnished and serviced apartments with hotel-style amenities and Accor ownership benefits including ALL Diamond membership.
• Aliée Residences Luxury waterfront residences on the Golden Horn featuring interiors by 1508 London, with scheduled 2027 handover and flexible payment plans (30% down payment, balance across 2026-2028 milestones).
• Aliée Lofts A limited collection of 23 private residences within restored historic shipyard buildings near Aynalıkavak Pavilion, offering hotel-grade comfort and 7% fixed annual rental yield through a 5-year hotel management agreement.
• Tersane Apartments A collection of 198 homes designed by Tabanlıoğlu Architecture, featuring landscaped paths, inner gardens, and panoramic Golden Horn views.
• Yalı Apartments & Bosphorus Villas Ultra-luxury waterfront collection featuring Yalı Apartments with dual entrances and standalone Bosphorus Villas with private pier access.
• Nickelodeon Play! Tersane Istanbul Family entertainment attraction featuring Nickelodeon-themed play areas and activities for children.
• Tersane İstanbul Open-Air Cinema Outdoor cinema experience held at Şükrü Okan Slipway, screening films every Wednesday from July to September with waterfront views of the Golden Horn. Ticketed at €25.33 per person.
• DenizBank Tersane Istanbul Rowing Cup Annual rowing competition on the Golden Horn featuring university, international club and corporate regattas with a USD 250,000 prize pool.
• CrossFit Championship Annual CrossFit Championship showcasing strength, speed and endurance at Tersane İstanbul.

Quantifiable outcome

• 7% fixed annual rental return for Aliée Lofts owners
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core, major and minor.

• Rixos HotelscoreStrategic or Co-development PartnerRixos Tersane Istanbul is the flagship property operating within Tersane Istanbul. Rixos, a renowned Turkish luxury hospitality brand with properties across Europe, Middle East, and Africa, operates the urban resort hotel with comprehensive services including spa, wellness, dining, and exclusive sports facilities. Tersane Istanbul also hosts the first-ever Rixos branded residences in Turkey.
• DenizBankmajorGTM or Marketing PartnerTitle sponsor of DenizBank Tersane Istanbul Rowing Cup, a prestigious watersports event on the Golden Horn featuring 250,000 USD prize pool, university races, international club regattas, and corporate league competitions.
• NickelodeonmajorStrategic or Co-development PartnerNickelodeon Play! Tersane Istanbul provides family entertainment and children's activities within the destination, featuring interactive play experiences and character meet-and-greets at major events.
• The Land of LegendsminorStrategic or Co-development PartnerBrand partner featured within Tersane Istanbul ecosystem, part of the Rixos group of entertainment destinations.
• BMWmajorGTM or Marketing PartnerCo-sponsored the Tersane Istanbul x We Are Ona Art Dinner event coinciding with Contemporary Istanbul's 20th edition, featuring the Paris-based gastronomy collective's first project in Türkiye.
• AccorcoreStrategic or Co-development PartnerGlobal hospitality group partnership providing Accor Ownership Benefits program for Rixos Tersane Istanbul Residences, including complimentary ALL (Accor Live Limitless) Diamond tier membership, VIP reservation desk, room upgrades across 5,500+ hotels, and 20% discount on best available rates worldwide.
• 1508 LondoncoreStrategic or Co-development PartnerGlobally acclaimed interior design studio responsible for Aliée Residences and Yalı Apartments & Bosphorus Villas interiors. Portfolio includes The Old War Office London restoration, Baccarat Residences Dubai, and Cipriani Residences Miami.
• Tabanlıoğlu ArchitectscoreStrategic or Co-development PartnerAward-winning Turkish architectural firm responsible for the masterplan design of Tersane Istanbul, transforming the historic shipyard while preserving its 600-year heritage.
• Powerstrip StudiocoreStrategic or Co-development PartnerLos Angeles-based design studio led by Dayna Lee and Ted Berner, responsible for Aliée Istanbul interiors transforming historic spaces into contemporary hospitality environments.
• VINN ValeminorOthersThird-party valet parking service provider operating 24/7 at Aliée İstanbul, Rixos Tersane Istanbul and The Mall T5 entrance locations.
• We Are OnamajorGTM or Marketing PartnerParis-based gastronomy collective that partnered with Tersane Istanbul for the We Are Ona Art Dinner, their first project in Türkiye, curated by Chef Sertaç Dirik and attended by founder Luca Pronzato.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Galataport Istanbul: Operational mixed-use waterfront destination on the Bosphorus in Istanbul, combining cruise terminal, retail, F&B, hotels, and cultural venues. Most directly comparable to Tersane Istanbul as a heritage waterfront regeneration project serving luxury tourism, F&B, and retail — and its closest in-market competitor.
• Porto Montenegro: Luxury waterfront marina destination in Tivat combining superyacht berthing, branded residences (5-star hotel management), retail, and F&B. Comparable as a waterfront regeneration project with branded residences, hotels, and a marina/rowing-adjacent lifestyle.
• The Land of Legends: Rixos group's flagship themed destination resort in Belek/Antalya combining luxury hotels, theme park, shopping, dining, and event programming. Closest comparable operating model — already a Tersane partner — with proven integrated destination economics in the Turkish market.

Regional players

• Zorlu Center: Istanbul's leading mixed-use complex in Beşiktaş featuring a Raffles hotel, luxury residences, performing arts center (Zorlu PSM), and high-end retail. Closest in-city benchmark for integrated luxury hospitality, residential, retail, and entertainment programming.
• Çırağan Palace Kempinski Istanbul: Historic Ottoman palace hotel on the Bosphorus. Comparable as a heritage luxury waterfront hotel in Istanbul competing for the same high-end tourism and event clientele.
• Mandarin Oriental Bosphorus Istanbul: New luxury waterfront hotel on the Bosphorus from a global luxury operator. Direct competitor in Istanbul's luxury hotel segment with similar global-loyalty and ultra-luxury positioning.
• Four Seasons Hotel Istanbul at the Bosphorus: Iconic luxury waterfront hotel on the Bosphorus. Direct competitor for luxury Istanbul stays and group bookings, and a pricing benchmark for Tersane's Rixos and Aliee hotel positioning.

Broad incumbents

• City Walk / Bluewaters Island (Meraas): Dubai developer's mixed-use waterfront destinations combining retail, dining, residences, hotels, and entertainment. Comparable developer playbook for a privately developed, asset-managed waterfront estate with global operator partnerships.
• Yas Island / Yas Bay / Yas Plaza Hotels: Abu Dhabi's flagship mixed-use entertainment and hospitality destination integrating theme parks (Ferrari World, Yas Waterworld), hotels, malls, racing, and event venues. Comparable scale and operating philosophy of an integrated tourism and residential destination.
• Madinat Jumeirah: Dubai's established mixed-use luxury destination featuring a 5-star resort, souk, retail, dining, and traditional abra transportation on the water. Comparable as a mature, integrated luxury waterfront destination with a strong heritage narrative.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/tersaneistanbul
• LinkedInlinkedin.com/company/tersane-istanbul

Revenue estimate

Valuation estimate

Number of profiles

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 Tersane İstanbul