Cooperation between Fenerciolu A.Ş. and NEO Portfolio in the field of real estate investments: Real Estate Fund.

A series of Turkish projects of Fenercioğlu A.S., located both inside and outside the country, including Antalya and Alanya, cooperate with Neo Portföy Yönetimi A.Ş. in the field of equity investment in land and mixed real estate.

Chairman of the Board of Directors of Fenercioğlu A.S. Aycan Fenergioglu announced that the company will have a turnover of 50 million euros in 2021, 75 million euros in 2022, 85 million euros in 2023 and they hope to reach a turnover of 150 million euros by 2024.

The Chairman of Neo Portföy, Bekir Yener Yıldırım, announced that the amount of assets they manage has reached $750 million, taking into account 55 investment funds.

The projects of Fenercioğlu A.S., which operates in the real estate sector, include both domestic and international projects, including those in Antalya and Alanya.

In a press conference held on Dec.

The funds created as a result of this cooperation will allow the investments to retain their value from rising inflation and currency risk, and they hope to reach a size of 500,000,000 Turkish Liras for each fund.

They also announced that the managed number of investment funds is 55 and the fund size is 750 million USD.

Neo Portföy Yönetimi A.Ş. - a company offering portfolio management services in real estate, securities, private equity and technology investments, providing a plurality of real estate investments.