Azimut Portföy and Fuzul Topraktan launch 985 million TL real estate fund

Topraktan Proje Gayrimenkul Yatırım Fonu real estate investment fund capital markets property development Başakşehir

Azimut Portföy and Fuzul Topraktan, a subsidiary of Fuzul Holding, have launched the Topraktan Proje Real Estate Investment Fund. The collaboration combines Fuzul Topraktan’s project development experience with Azimut Portföy’s expertise in fund management and capital markets.

The fund is launching its first phase with a size of 985 million TL. The initial project will be located in Başakşehir, utilizing a 16,724.39 square meter residential-zoned plot. This development marks Fuzul’s 22nd project in the Başakşehir region.

During a press conference in Istanbul, Murat Salar, General Manager of Azimut Portföy, stated that the fund aims to bring the value created during the real estate development process to qualified investors within a regulated market structure. He noted that real estate investment funds serve as a secure tool to connect savers with this popular investment vehicle.

Entities

Azimut Portföy · Başakşehir · Fuzul Holding · Fuzul Topraktan · Murat Salar

Sources

Topraktan Proje Fonu'nda İlk Adım: 985 Milyon TL'lik Başlangıç! - EKONOMİ - Baretdergisi. com Gayrimenkul ve İnşaat Haberleri [www.baretdergisi.com]

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