Strategic Alliance: Kerem Nükte Real Estate and Faras Construction Target 4,000+ Units

As sales and marketing dynamics within Turkey's real estate sector undergo a significant transformation, a preliminary strategic agreement signed between Kerem Nükte Real Estate and Faras Construction A.Ş. is set to determine the future of thousands of residential and commercial units across four major cities, including Ankara and Istanbul.

Comprehensive Accord Spanning from the Capital to the Bosphorus

During a critical meeting held in İncek, Ankara, Fahrettin Aras, Founder and Chairman of the Board of Faras Construction A.Ş., and officials from Kerem Nükte Real Estate outlined a roadmap aimed at increasing sales volume within the industry. Facilitated by Abdurrahman Uzun and Mücahit Kaya, the discussions foresee a coordinated structure for the sales processes of large-scale projects in different cities across Turkey.

Mega Projects Under the Scope of the Agreement

With the signing of the preliminary agreement, the sales and marketing processes of a total of over 4,000 independent units are being consolidated under a single roof. The projects included in the collaboration are as follows:

■Projects in Ankara consisting of over 2,000 residential and commercial independent sections,

■Projects in Istanbul consisting of over 2,000 residential and commercial independent sections,

■An office project comprising over 350 units in Ankara,

■The Tisania Project to be realized in Mersin.

Officials from Kerem Nükte Real Estate emphasized the contribution this agreement will provide to the sector and investors, stating that the process will yield beneficial results for all parties involved.

This partnership serves as a tangible example of the shift from a production-focused structure of construction firms to a model integrated with robust sales channels. The marketing of over 4,000 units under a single roof in high-liquidity markets like Ankara and Istanbul will not only accelerate stock access but also provide investors with a wide portfolio range, potentially contributing to price stability. The inclusion of office projects in this portfolio specifically indicates the growing prevalence of professional management approaches in commercial real estate.