P-REIF & Projects
We bring our innovative touch to every project, proving that nothing is impossible.
Turkel Birdallar Project REIF is Turkel Investment’s first Project-Based REIF, established to develop urban transformation projects in Kağıthane, Istanbul, through a disciplined, project-specific investment structure aligned with fund-level execution and exit objectives.
As part of this approach, Turkel Birdallar Project REIF has been established as our first P-REIF to deliver urban transformation projects in Kağıthane, consolidating development execution and value realization within a single project-focused structure.

01
Urban Transformation–Led P-REIF Structuring
We structure Project-Based REIFs specifically for urban transformation, integrating landowner agreements, zoning and regulatory processes, and development scope into a single, coherent fund framework. This approach ensures balance between stakeholder interests and investment objectives from inception.

02
Project-Specific Asset Development
Each P-REIF is designed around a defined project and location, with asset planning, unit mix, and specifications tailored to market demand and sales dynamics. Development decisions are aligned with the project’s lifecycle and value realization targets.

03
Disciplined Execution & Transformation Risk Control
Urban transformation and construction risks are managed through phased execution, milestone-based governance, and strict cost and schedule control. This disciplined approach enhances predictability and protects fund-level return assumptions.

04
Capital Deployment & Cash Flow Alignment
Equity deployment, financing utilization, and sales proceeds are structured to match the project timeline, supporting efficient capital use, liquidity planning, and downside protection throughout the P-REIF lifecycle.

05
Sales-Driven Value Realization
Projects are positioned with a clear pricing and sales strategy, ensuring that asset quality, lifestyle positioning, and absorption rates support timely value realization consistent with project-based fund objectives.

06
Exit-Oriented Fund Closure
Each P-REIF is executed with a defined exit framework, focusing on completion, sales finalization, and orderly fund closure to deliver risk-adjusted returns within the planned investment horizon.
Projects

Galleria Park Suits
Galleria Park Suits is the second phase of the Galleria Park development in Kağıthane, Istanbul, designed as a modern residential concept offering efficient layouts, high construction quality, and strong urban connectivity, with a focus on comfortable living and long-term investment value.

