Cbre Turkey

What Cbre Turkey does

CBRE Turkey is the Turkish commercial real estate services subsidiary of CBRE, Inc. (NYSE: CBRE), a Fortune 500 (#135) global real estate services and investment firm. Operating in Turkey since 1994 from its headquarters in Istanbul (Ataşehir), the firm provides integrated services spanning the full commercial real estate lifecycle: investment sales, capital markets brokerage, leasing and lease administration, property and facilities management, project and program management, valuation, and strategic consulting. It serves corporate occupiers, institutional investors, REITs, private equity, developers, and specialized industry segments including petroleum and automotive, with coverage across property types such as office, retail, industrial and logistics, hotels, data centers, and land. The team of 110+ employees operates under dedicated enterprise account teams and sector specialists, leveraging the parent group's global client relationships — including approximately 90 of the Fortune 100 worldwide — while maintaining a locally adapted commercial structure.

CBRE Turkey operates on CBRE's global technology platform, which includes proprietary tools such as FUSION for supply chain procurement optimization, Kahua for end-to-end project management, CBRE Office Ready for rapid small-to-mid office fit-outs, CBRE Spacer for web-based interactive space programming, and CBRE Plans/Plans Pro for 2D and 3D visualization. The firm also produces localized market intelligence publications — including the Istanbul Office MarketView and Turkey Serviced Office MarketView — and benefits from a global research network of more than 500 researchers supporting advisory and capital markets engagements.

CBRE Turkey monetizes through four primary revenue streams: transaction-based fees on brokerage, investment sales and leasing; managed services and outsourcing contracts under the Global Workplace Solutions platform; professional services fees for consulting, valuation, and advisory; and project management engagements, with the recent combination of CBRE's Project Management business with Turner & Townsend (60%-owned since 2021) further scaling the project delivery line. Pricing is predominantly transaction- or retainer-based, scoped by service type, transaction size, and contract duration, with multi-year outsourcing arrangements providing recurring revenue stability. Go-to-market is enterprise-led through direct field sales, supported by research-led content marketing, industry events, and digital channels such as The Weekly Take podcast and LinkedIn thought leadership.

Name

Cbre Turkey

Legal name

CBRE Turkey

Website

https://cbre.com.tr

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

CBRE Turkey is the Turkish subsidiary of global commercial real estate services firm CBRE, Inc., providing investment sales, leasing, property and facilities management, project management, valuation, and advisory services across multiple property types to corporate occupiers and institutional investors since 1994.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (531210)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industry

Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

Keywords

• Commercial real estate services
• Property management services
• Corporate real estate advisory
• Investment sales brokerage
• Facilities management solutions

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Advisory & Transaction Services: Brokerage, capital markets, and transaction services including investment sales, leasing, and lease administration
2. Outsourcing & Management Services: Property management, facilities management, and portfolio management services generating recurring revenue streams
3. Consulting & Advisory: Strategic consulting, valuation, and advisory services for occupiers and investors
4. Project & Program Management: Design, build, and project management services for real estate development and tenant improvements

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

CBRE Turkey provides commercial real estate advisory, transaction, management, investment and research services to corporate occupiers and institutional investors in Turkey. Its core offerings span investment sales, leasing and brokerage, property and facilities management, design and build/project management, valuation, and consulting across property types including office, retail, industrial and logistics, hotels, data centres, and land. Services are supported by proprietary technology tools and a global research platform.

Product overview

CBRE Turkey is a commercial real estate services and investment firm operating as part of the global CBRE organization. The company offers an integrated platform of services organized around five core service lines: Invest, Finance & Value; Plan, Lease & Occupy; Design & Build; Manage Properties & Portfolios; and Transform Business Outcomes. These services span multiple property types including Office, Retail, Industrial & Logistics, Hotels, Data Centres, and Land. The firm also provides specialized technology products including CBRE Office Ready, CBRE Spacer, and CBRE Plans for workspace design and planning, alongside research publications such as Istanbul Office MarketView and Turkey Serviced Office MarketView. Global Workplace Solutions provides facilities management and project management services across all asset types.

Differentiator

Problem solved

Functional benefit

Brands

• Global Workplace Solutions (GWS): Industry-leading facilities management, project management, transaction and portfolio, and consulting services that drive bottom-line impact and streamlined workplaces across all asset types.
• Turner & Townsend
• Trammell Crow Company

Products and services

• Invest, Finance & Value Services Comprehensive investment, finance and valuation services including capital markets, valuation and advisory solutions for real estate transactions and portfolio management, serving investors and owners.
• Plan, Lease & Occupy Services Strategic leasing, transaction services, lease administration, portfolio strategy, site selection, and workplace solutions for occupiers and landlords.
• Design & Build Services End-to-end real estate design and development services including cost advisory, design, buildings and systems, project and program management, and supply chain sourcing.
• Manage Properties & Portfolios Integrated facilities management, property management, and landlord leasing services managing over 7.3 billion square feet of commercial space globally.
• Transform Business Outcomes Consulting services including labor analytics, location incentives, location intelligence, supply chain advisory, and own-versus-lease analysis.
• Office Services Comprehensive office services for occupiers and investors including consulting, investment advisory, leasing, design/build and property management with $115.8B global transaction value.
• Industrial & Logistics Services The largest industrial real estate platform globally offering integrated services for investors, developers and occupiers with $81.3B total transaction value and 1.8B SF portfolio.
• Retail Services Full-service retail real estate solutions for retailers, restaurateurs, investors, owners and developers with 5,000+ global retail clients and $30.2B annual transaction value.
• Hotels & Accommodation Hospitality real estate services including advisory, investment sales, research, and valuation with $3.2B sales and financing and $234B+ advisory and valuations.
• Data Centre Solutions Lifecycle data center services consolidating real estate, facilities and technology systems, managing 700+ data centers across 45 countries with $4B annual transaction value.
• Land Services Land entitlement and disposition services offering extensive knowledge of local market conditions and regulatory issues to maximize real estate value.
• Petroleum & Automotive Services Specialized services for owners and occupiers of petrol filling stations, car showrooms, car parks and other roadside assets including brokerage, valuation and portfolio optimization.
• CBRE Office Ready Quick design-to-deliver solution for small to mid-size office spaces that drives significant schedule compression and cost savings.
• CBRE Spacer Web-based interactive space programming technology that establishes space profiles based on company characteristics, requirements and growth projections.
• CBRE Plans & CBRE Plans Pro Test-fitting technology providing 2D views and 3D fly-through including custom branding, design options and real-world views in virtual tours.
• Kahua Project Management Technology End-to-end project management technology for collaborating and managing projects, providing clarity and information throughout the lifecycle of a project or portfolio.
• Global Workplace Solutions (GWS) Industry-leading facilities management, project management, transaction and portfolio, and consulting services that drive bottom-line impact and streamlined workplaces across all asset types.
• Turkey Serviced Office MarketView Market intelligence report on Turkey's serviced office sector tracking flexible workspace demand, market growth and industry trends.
• Istanbul Office MarketView Quarterly market analysis of Istanbul's office sector including rental rates, vacancy rates and Central Business District performance.

Quantifiable outcome

• Over $115.8B in global office transaction value
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Turner & TownsendcoreStrategic or Co-development Partner · 1 January 2021CBRE acquired 60% interest in Turner & Townsend, a premier provider of project, program and cost management. The acquisition was combined with CBRE's Project Management business in 2025 to create a new Project Management segment, significantly enhancing CBRE's project and program management capabilities globally.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• CBRE Group, Inc. CBRE Group is the publicly listed parent company (NYSE: CBRE) and serves as the underlying public-market peer for CBRE Turkey's parent and Turkish operations. Its reporting, capital allocation, and segment strategy directly shape CBRE Turkey's capabilities.
• JLL (Global): JLL globally is the largest direct competitor to CBRE Group, with comparable capital markets, project management, and facilities management capabilities. As CBRE Turkey operates within the global CBRE organization, JLL is the principal global benchmark for parent-level strategic positioning.
• Newmark Group: Newmark is a publicly traded CRE services firm offering leasing, investment sales, and valuation globally. While not dominant in Turkey, it is a broad incumbent competitor in the same global CRE services space and a comparable public-market peer.

Direct peers

• Savills Turkey: Savills offers commercial real estate advisory, investment, and asset management services in Turkey. It competes with CBRE Turkey in cross-border investment transactions and occupier services for international clients.
• Knight Frank Turkey: Knight Frank provides CRE advisory, valuation, and residential services in Turkey with strong residential and city-fringe expertise. It is a global peer with overlapping services in commercial investment and leasing.
• JLL Turkey: JLL is the world's largest direct competitor to CBRE, offering investment sales, leasing, valuation, project management, and facilities management in Turkey. It serves the same enterprise occupiers and institutional investors with a comparable global-and-local model.
• Cushman & Wakefield Turkey: Cushman & Wakefield is a top-three global CRE services firm with a Turkish presence providing brokerage, valuation, and consulting. It directly competes with CBRE Turkey for occupier and investor mandates across all major property types.
• Colliers Turkey: Colliers International operates in Turkey offering investment sales, advisory, project management, and property management. It directly competes with CBRE Turkey in office, retail, and industrial segments with a similar full-service model.

Emerging players

• Avison Young: Avison Young is a global CRE services firm with growing presence in EMEA and a similar full-service brokerage and advisory model. It competes with CBRE Turkey for cross-border investor mandates and occupier advisory work.

Regional players

• BNP Paribas Real Estate Turkey: BNP Paribas Real Estate is a European-headquartered CRE services firm active in Turkey through its parent bank's network. It competes with CBRE Turkey in cross-border investment advisory and corporate occupier services for European clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/cbre
• LinkedInlinkedin.com/company/cbre-turkiye

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 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 Cbre Turkey